Goldman Leak: 3 Currencies Poised to Dethrone the Dollar as Global Superpowers Shift Loyalties

Move over, greenback—Goldman insiders whisper of a seismic power shift. The USD’s exodus accelerates as BRICS nations and allies scout alternatives. Here’s what’s on their radar:

The Yuan Play: China’s digital yuan rollout isn’t just about tech—it’s a Trojan horse for trade dominance. 2025’s petroyuan contracts already bypass SWIFT.

Euro 2.0: ECB’s wholesale CBDC tests hint at a Eurozone resurgence. Forget Grexit drama—this is about Frankfurt’s quiet infrastructure coup.

Crypto Wildcard: Bitcoin ETFs were just the warm-up. Sovereign wealth funds now eye BTC as a ’geopolitical hedge’ (translation: when you distrust both Washington and Beijing).

One Goldman VP quipped: ’Turns out weaponizing SWIFT has consequences.’ The dollar still reigns—but the mutiny’s brewing.

Goldman Sachs Currency Picks

1. South Korean Won (SKW)

The South Korean won is the leading contender picked by Goldman Sachs. SKW is currently standing tall against the US dollar and is attracting credible volumes amid the recent US dollar decay. The financial giants further shared how WON is attracting more attention due to the country exploring the FTSE World Government Bond Index next year. The aforementioned narrative is also helping WON attract nations that want to diversify away from the flailing US dollar.

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2. Singapore Dollar (SGD)

The Singapore dollar is another key candidate helping nations diversify away from the American currency. The Singapore dollar boasts a Stellar reputation, offering Western-style economic governance infrastructure backed by regional stability. The currency has been noted to perform quite well at times of economic distress and has lately been gaining immense traction due to volatile USD antics.

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3. Chinese Yuan (CNY)

The Chinese Yuan is another lucrative currency contender that has been grabbing the central spotlight in recent times. The yuan is already working towards its internationalization and has already established a well-connected network promoting cross-border transactions. Per the People’s Bank of China, total cross-border yuan transactions amounted to 21.1%, or $41.6T, between January and August in 2024.