De-dollarization is no longer a distant possibility. The irreversible shift away from the greenback is happening in front of our eyes. As countries diversify their reserves, promote their national currencies, and foster closer economic cooperation, the global economic landscape is set to experience significant changes. Russia, one of the most vocal advocates of de-dollarization, has been steadily reducing its US dollar holdings. Iran, a country that has been significantly affected by US financial sanctions, has been actively pushing for de-dollarization as a means of preserving its economic sovereignty. China, the world’s second-largest economy, has been equally committed to breaking free from the dollar hegemony.Read More →