De-Dollarization Accelerates as Global Markets Seek Alternatives Amid Strong USD Risks

The US dollar''s three-year low and 9% decline since January have intensified de-dollarization efforts worldwide. Trade tensions between the US and China are fueling what analysts describe as a 2025 currency war, compelling nations to reduce reliance on the greenback.

BRICS nations are spearheading alternatives, with Russia eliminating USD from its National Wealth Fund in 2021 and China establishing a petroyuan system for oil futures. Fifty countries now conduct trade in yuan, rupee, and ruble through BRICS partnerships.

Central banks are purchasing Gold at record rates unseen since 1950, signaling a historic shift away from dollar reserves. This trend underscores growing skepticism about the sustainability of US monetary dominance in an increasingly multipolar financial landscape.