The Dollar’s Dominance Cracks—Data Shows De-Dollarization Accelerating in 2025

Greenback’s grip slips as BRICS nations and crypto carve up the old order.

The Unthinkable Happens

Central banks slashed USD reserves by 8% last quarter—the steepest drop since Nixon killed the gold standard. Petro-yuan contracts now trade at record volumes, while Bitcoin becomes Argentina’s de facto reserve currency (take that, IMF).

Crypto Fills the Vacuum

Tether’s market cap just flipped Brazil’s forex reserves. Meanwhile, CBDC adoption in Asia bypasses SWIFT entirely—because nothing says ’geopolitical shift’ like Visa processing yuan-backed stablecoins.

The dollar isn’t dead yet, but the funeral’s looking suspiciously well-attended. Maybe those ’hyperbitcoinization’ cranks were only half wrong.

What Does This New Research Say About the US Dollar Decline?

Per a recent post by Bragos Research, the US dollar “collapse” has begun. Speaking in detail on X, the post outlined how the US dollar is facing intense selling pressure and has noted its biggest drop since Covid in 2020. At the same time, the post outlined how the purchasing power of the USD has also significantly declined as compared to other currencies.

In addition to this, the research shared how the US dollar may be on the brink of a possible collapse as USD selling pressure intensifies in global markets. At the same time, the fiery TRUMP trade policies might just ignite the “fuse” of this collapse, leading the USD to burst and crack open in space.

6/ The US dollar index (DXY) has faced heavy selling pressure since April 2nd (Liberation Day) when Trump announced new tariffs

Now, it’s not been an outright collapse, but something has happened that is suggesting this decline in the US dollar could be a lot more dangerous than… pic.twitter.com/3EWgS3Wp1C

What’s Happening to USD?

Drawing another analysis, Bravos Research shared how the USD is breaking its connection with US bond yields, a MOVE that can dismantle the US economy and markets.

8/ The chart now shows the dollar weakening despite high yields

That’s a serious warning sign

It suggests 1 of 2 things:

Either interest rates must rise even more to stabilize the dollar

Or the dollar is at real risk of a steeper collapse pic.twitter.com/gOL7jg8gwP

Trump’s Tariffs Could Spur Reduced Dollar Demand

Another worrying aspect for the US economy is how Trump’s aggressive tariff policies are reducing the demand for the American currency. Bravo’s research outlined how Trump’s fiery trading stance is “shrinking” global trade volumes, affecting the USD’s demand in the process. This development may trigger de-dollarization narratives to gain pace globally again.

11/ Trump’s tariff policy could shrink global trade volumes

And since most global trade is conducted in dollars, falling trade activity directly reduces demand for dollars

If this happens, the US dollar’s downtrend could become a long-term theme