Dollar Dominoes Fall: Major Economy Abandons USD in Historic Pivot

The global reserve currency just took a body blow—and Wall Street’s aspirin won’t fix this headache.

## The De-Dollarization Playbook

One of the world’s top economic powers is executing a hard pivot away from greenback dependence. Trade settlements, reserves, even oil contracts—all getting the dollar haircut.

## Crypto’s Silent Victory Lap

While politicians panic, Bitcoin maximalists are quietly screenshotting the news. Gold bugs too. Because when fiat systems crack, everybody suddenly remembers Satoshi’s whitepaper.

## The New Rules

Bilateral currency swaps? Check. CBDC bridges? Obviously. And yes—somebody’s definitely getting paid in Tether by Q3. (We see you, shadow bankers.)

The dollar isn’t dead. But for the first time since Nixon, it’s got competition that doesn’t involve printing presses or artillery shells. Place your bets.

Which Economy Is Officially Ditching The US Dollar?

China, the ultimate nemesis of the US, is currently holding talks on de-dollarization. Per the expert Benjamin Norton, China is slowly moving away from the dollar, dumping the official US treasury by 17% from 2015 to 2022 and 27% from 2022 to 2024. Per Norton, China is currently pursuing strategies to reduce “the share of US government debt in its huge $3.2 trillion of reserves.

At the same time, China is also working on diversifying its assets away from the dollar in a move to protect its assets.

In addition to this, China is also thinking of ways to ditch the US dollar to protect its economic prestige. Chinese officials are also reportedly thinking of diversifying away from the dollar into other currencies. In other words, the country is also thinking of bolstering investments in gold and in the sovereign debt of other advanced economies to combat economic downturns.

China is holding many high-level discussions about de-dollarization. It is pursuing several strategies to reduce the share of US government debt in its huge $3.2 trillion of reserves.

China reduced its official holdings of US Treasury securities by 17% from 2015-22, and by 27%… pic.twitter.com/YXoAwTT0mv

Experts Are Warning To Move Away From The USD

Leading experts and entities, including Warren Buffett and Deutsche Bank, are warning of an impending USD volatility. Buffett has warned how enterprises should hold other currencies besides the US dollar in a groundbreaking new statement, solidifying the declining stature of the dollar.

At the same time, Deutsche Bank has also issued a stark warning, adding how the US dollar is losing its safe-haven status as it continues to spiral downwards.

As stated by George Saravelos, the bank’s global head of FX strategy, in a note to clients