Dollar Dominance Cracks: BRICS Now Settles Just 33% of Trade in USD

The greenback’s grip slips as BRICS nations—Brazil, Russia, India, China, and South Africa—report only a third of their trade now uses USD. De-dollarization accelerates while Wall Street still pretends it’s a ’temporary adjustment.’

Behind the numbers: Bilateral currency swaps and commodity-backed crypto experiments chip away at the dollar’s monopoly. No wonder the Fed’s printing press sounds nervous.

Bottom line: When even BRICS’ sometimes-disjointed bloc cuts USD reliance by 2/3 in five years, the real question isn’t if the dollar era ends—but how messy the transition gets. (Spoiler: Goldman Sachs will still find a way to charge 2% for ’exposure management.’)

BRICS: US Dollar Usage in Trade Transactions Only 33%

If more countries join the de-dollarization bandwagon kick-started by BRICS, the US dollar and the economy will be in jeopardy. The BRICS expansion from hereon is a cause of concern as newer countries bring in more value to local currencies. The next 15 years will decide the fate of the greenback as it’s in the crosshairs of a financial shift. The USD needs to step up and reclaim its lost territory or perish in the onslaught of emerging economies.