De-dollarization is an effort by a growing number of countries to reduce the role of the U.S. dollar in international trade.
Chinese President Xi Jinping has explicitly revealed his ambition to make the yuan a second key global reserve currency challenging the U.S. dollar’s dominance, drawing attention to whether the yuan’s ...
The U.S. dollar’s dominance as the world’s reserve currency faces its most organized challenge yet from the BRICS nations, but fundamental structural barriers make displacement unlikely in the ...
Chinese leader Xi Jinping has called for the Chinese yuan to become a global reserve currency, perhaps capitalizing on the dollar’s decline over the past year. Over the weekend, the ruling Communist ...
As a peer-to-peer, digital, neutral, and scarce cryptocurrency, Bitcoin’s market cap sits near $1.3 trillion. The U.S. has benefited tremendously due to the dollar’s status as the global reserve ...
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