BRICS Bloc Threatens US Dominance—$7.5 Trillion in Asian Assets at Stake

The US dollar’s grip on global finance just got shakier. BRICS nations are making moves that could yank $7.5 trillion worth of Asian assets out of America’s orbit—and Wall Street’s spreadsheet jockeys are scrambling.

De-dollarization isn’t some fringe theory anymore. Emerging markets are building parallel financial systems, and the West’s sanctions overreach might’ve handed them the blueprint. Gold-backed currencies? Cross-border CBDCs? Suddenly they’re not laughing.

One hedge fund quant put it best: ’When your reserve currency gets treated like a hot potato, maybe those ’barbarous relic’ gold bugs weren’t so primitive after all.’ The irony? All those years of mocking crypto maximalists only to get disrupted by state actors playing the same game.

BRICS: $7.5 Trillion Asian Assets Sell-Off Could Shake the US Markets

For those who are new to this financial shift, the sell-offs in US assets have already started by BRICS. Since 2024 alone, China has dumped $150 billion worth of US Treasuries and bonds and diversified its reserves. Not just China, many developing nations have sold US assets and purchased Gold to diversify their central banks. Hoarding the US dollar is a major risk as the debt ceiling has already crossed above the $36 trillion mark.

said Virginie Maisonneuve, Chief Investment Officer at Allianz Global Investors.he said. If BRICS and Asian countries pull the plug on the $7.5 trillion investments on Treasuries and bonds, the US could fall flat on its knees.