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De-Dollarization Hits Critical Mass With Russia-Belarus Near-Complete Currency Transition
De-Dollarization Hits Critical Mass With Russia-Belarus Near-Complete Currency Transition
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Russia and Belarus have accelerated the global de-dollarization trend, abandoning the U.S. dollar in 98.8% of their bilateral trade. This shift signals a profound economic realignment that challenges Western financial dominance and injects volatility into global markets.
The MOVE underscores a broader pattern of nations seeking alternatives to dollar-dependent systems. While the article mentions no specific cryptocurrencies, such geopolitical shifts often drive interest in decentralized assets as hedges against traditional currency risks.
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