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BTCC / BTCC Square / Global Cryptocurrency /
BRICS De-Dollarization Gains Momentum as 90 Nations Shift Away from USD

BRICS De-Dollarization Gains Momentum as 90 Nations Shift Away from USD

Author:
Global Cryptocurrency
Published:
2025-06-15 11:04:01
25
1

The global financial landscape is undergoing a seismic shift as BRICS nations and oil producers accelerate de-dollarization efforts. Over 90 countries are now conducting trade in yuan, rupee, and ruble instead of US dollars, marking the most significant challenge to dollar dominance since Bretton Woods.

China leads the charge with yuan usage reaching 47% of global trade, supported by agreements with 40+ nations. Russia has moved 90% of its trade to ruble-yuan settlements while developing its SWIFT alternative. India''s rupee vostro accounts now span 30 countries, while Brazil and Iran have established yuan clearing systems and oil trade mechanisms in local currencies.

|Square

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