Global Shift: The Decline of the US Dollar's Dominance and Reserve Status

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Source: WIRED
Global Shift: The Decline of the US Dollar's Dominance and Reserve Status
Photo: WIRED
TL;DR Summary

By 2026, the US dollar's dominance is expected to weaken due to declining global trade reliance, shifting reserve holdings, rising US deficits, and the emergence of alternative payment and settlement systems like digital currencies and regional payment networks, which could accelerate the transition away from dollar-centric finance.

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