Emergence of a New Currency Order in Global Trade
September 22, 2025
The global monetary system is undergoing a cautious shift from U.S. dollar dominance toward a more pluralistic currency order.
The global monetary system is undergoing a cautious shift from U.S. dollar dominance toward a more pluralistic currency order.
By weaponizing the dollar, the US strengthens its leverage but risks undermining the global trust that sustains the dollar’s dominance.
Dollar-backed stablecoins threaten the monetary sovereignty of Europe and the Global South by reinforcing U.S. financial dominance.
The U.S. dollar’s status as the world’s primary reserve currency is being challenged by growing distrust and structural inefficiencies.
