BREAKING: Another Nation Ditches the Dollar—Full Ban Now in Effect

Another brick falls from dollar dominance as a sovereign state slams the door on USD transactions. No more pricing oil in greenbacks, no more reserve currency deference—just cold, hard de-dollarization.

Why now? Geopolitical tensions meet economic self-interest, with a side of ’stick it to the Fed.’ Local businesses scramble to adapt while crypto OGs nod knowingly—this plays right into Bitcoin’s hard-money narrative.

The irony? The ban relies on the same SWIFT system the West weaponized. Guess those sanctions really did teach the world to build parallel systems (thanks, guys).

One less country propping up the petrodollar. How many more before the dominos start falling faster?

De-Dollarization Begins: This Country Bans USD

In a landmark decision, Tanzania banned the US dollar’s’s usage in its country a few hours ago. This decision comes at a time when the US dollar is a victim of multiple ominous predictions,, with leading entities stating how the US dollar’s’s doom is finally here. In a new note issued by Tanzanian authorities, a USDSD ban has been put to help their local currency, the Tanzanian Shilling, to rise up in value and gain further market traction.

The Bank of Tanzania announced these fresh measures on May 2, clarifying the extent of the US dollar ban. is ban is a part of a new governmental regime, which came into effect on March 28. The rules related to the USD ban states how Tanzanian civilians will not be able to set, advertise, or quote prices in foreign currencies, including the US dollar.

Progressive African countries are banning the use of the US dollar in their economies. This is what is expected of proper economics. Well done Tanzania. pic.twitter.com/u2kaa6inAq

However, the regulations also specify a few transactions that can be conducted in foreign currency.

Local Currency Supremacy Returns

The Bank of Tanzania has taken this step to boost its local currency. The Tanzanian shilling has performed quite well against the US dollar in the past. But the currency has now noted a steep decline, compelling the BoT to intervene officially.

As shared by the Ecofin Agency.

These major hits are the elements that are primarily driving the de-dollarization agendas across the globe. With entities like Deutsche Bank and Goldman Sachs predicting further US dollar decline, investors have already pivoted to other safe haven assets like Bitcoin and gold to protect their investments.

Bernstein: "We expect ~$330Bn corporate treasury led inflows to Bitcoin by 2029E.
Over the next 5 years (CY25E-29E), we expect listed corporates to allocate ~$205Bn capital for Bitcoin acquisition, led by small-low growth companies, trying to emulate MSTR’s Bitcoin treasury… pic.twitter.com/RPgXkLG1Gt