Why The Dollar Is Facing an End to Its Dominance Matters More Than You Think
What Is This About?
Overview
Keyu JinBusinessDec 28, 2025 5:00 AMThe Dollar Is Facing an End to Its DominanceQuestions around the reliability of the US greenback are dulling the luster of what was the world’s currency of trade ILLUSTRATION: JACK TAYLORSave StorySave this storySave StorySave this story2026 will be the year when US dollar dilution—the quiet erosion of its global dominance as countries trade and pay in alternatives—starts to build momentum The more Washington uses the dollar as a weapon, the more the world builds ways to circumvent it
Why This Matters
America’s share of global trade has fallen from one-third in 2000 to just one-quarter today As emerging economies trade more with each other, the dollar is less central to the flow of goods Indian and Russian trade now settles in rupees, dirhams, and yuan
Key Insights
More than half of China’s trade now moves through CIPS, China’s own cross-border payment system, instead of SWIFT—the global messaging network long dominated by Western banks
Other trading partnerships like Brazil-Argentina, UAE-India, and Indonesia-Malaysia are also piloting local currency settlements
Industry Impact
This development is expected to influence the technology industry, highlighting ongoing changes in innovation, competition, and adoption.
Final Thoughts
As the technology landscape continues to evolve, stories like this demonstrate why staying informed is increasingly important.
Why This Matters Right Now
This issue is becoming increasingly important as cost, risk, and long-term impact are drawing attention from businesses and users alike.
Real-World Impact
In real-world scenarios, this development could influence decision-making, technology adoption, and competitive positioning.
Risks and Limitations
Despite its potential, there are concerns related to scalability, security, regulatory challenges, and hidden costs.
Final Thoughts
Understanding this topic early can help readers make informed decisions and prepare for what comes next.
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