Russia Declares Dollar ’Risky’ as De-Dollarization Accelerates – Is This the End of USD Dominance?

Moscow drops the hammer on the greenback—calls it a 'high-risk' asset as BRICS nations pivot hard from Western financial systems.

The Dollar's Icarus Moment?

Russia's finance ministry just slapped a 'risky' label on the USD, turbocharging its multi-year de-dollarization push. No numbers? No problem—the message is louder than a central bank press conference.

BRICS Nations Execute Financial Jiu-Jitsu

Gold reserves up. Yuan usage exploding. Dollar-denominated trade shrinking faster than a crypto bear market. The Global South isn't just diversifying—it's rewriting the rulebook.

Cynic's Corner

Wall Street's still pricing 'eternal dollar supremacy' into every macro model—right beside 'transitory inflation' and 'ethical investment banking.'

The tectonic plates of global finance are grinding. Question is, who brought the seismograph?

Russia Indirectly Calls US Dollar Unfit and Unwell: What’s Happening

In the latest BRICS summit hosted in Brazil, Russia’s Sergey Lavrov had dropped another statement, leading fears of de-dollarization to catch fire once again. In his latest opinion, Lavrov has deemed the US dollar untrustworthy. Lavrov stated that escalating US debt tensions are now affecting the American currency. He said the dollar’s role as a reliable payment system has been greatly undermined.

BREAKING

Sergey Lavrov:

The US dollar is no longer trustworthy, and the state of US government debt is out of control. pic.twitter.com/qGYk9dDdQB

This has sparked a fresh de-dollarization debate, as prominent nations have now started to speak openly about dollar erosion. China’s Pan Gongsheng had recently delivered a notable speech, vying for a multipolar currency narrative, which does not depend on any singular currency, including the US dollar.

US Dollar’s Crippled Fall

In the meantime, the US dollar is consistently noting a sharp fall in its valuation. The American currency has fallen nearly 10.1% in the last year, affected greatly by Trump’s aggressive tariff policies and rising US debt tensions.

The US Dollar is worth 10.1% less than it was at the beginning of the year. pic.twitter.com/THebkw7FRS

At the same time, the staggering US debt metrics have also sparked de-dollarization fears, with China offloading US treasury holdings at a rapid pace:

China is diversifying from the US Dollar:

China Gold holdings have risen from 1.0% to 6.5% of reserves since 2015, while US Treasury holdings have HALVED from 44% to 22%.

Are we heading into several reserve currencies supported by gold?

Is the debt-based system NEAR its end? pic.twitter.com/Ssq5aCMf8K