A major power just confirmed what many have been watching: more countries are ditching the dollar for their own currencies in trade deals. The greenback's dominance? Slipping.
This isn't just political posturing. It's a tangible shift in how nations transact. Cross-border settlements in local currencies are becoming standard practice, not exceptions. The implications? Massive for traditional finance and potentially game-changing for decentralized alternatives.
As dollar hegemony weakens, the search for neutral settlement layers intensifies. Whether that vacuum gets filled by other fiat currencies, digital assets, or something entirely new remains the trillion-dollar question. But the direction is clear—the old order is fragmenting.
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LiquidationTherapist
· 17h ago
Is the dollar hegemony really coming to an end? It sounds quite shocking, but to be honest, on-chain settlement is the way to go.
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MetaverseMortgage
· 23h ago
The dollar hegemony is really on the verge of collapse, and now TradFi is in a panic.
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CounterIndicator
· 23h ago
The decline of the US dollar hegemony is indeed a trend, but the key is who can fill this gap...
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ApeDegen
· 23h ago
The dollar hegemony is really about to collapse, and this time it's not just hot air.
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GateUser-3824aa38
· 23h ago
The US dollar is really going downhill, and this time it's not just talk... Countries are starting to use their local currencies for Settlement, who really wants the US dollar anymore?
A major power just confirmed what many have been watching: more countries are ditching the dollar for their own currencies in trade deals. The greenback's dominance? Slipping.
This isn't just political posturing. It's a tangible shift in how nations transact. Cross-border settlements in local currencies are becoming standard practice, not exceptions. The implications? Massive for traditional finance and potentially game-changing for decentralized alternatives.
As dollar hegemony weakens, the search for neutral settlement layers intensifies. Whether that vacuum gets filled by other fiat currencies, digital assets, or something entirely new remains the trillion-dollar question. But the direction is clear—the old order is fragmenting.