De-dollarization is an effort by a growing number of countries to reduce the role of the U.S. dollar in international trade.

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. What a remarkable thing, then, for Musk to embrace Trump more closely than ever as ...

2026 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 ...

First of all, it's debatable whether Bitcoin has the right characteristics to be a true reserve currency. According to the Federal Reserve, money must serve three critical functions. It must be a ...

Could a new currency be set to challenge the dominance of the dollar? Perhaps, but that may not be the point. In August 2023, South Africa will host the leaders of Brazil, Russia, India, China and ...

You might just think of the dollar as the money in your wallet, the cash you use to buy your morning coffee. But the dollar is much, much bigger than that. The dollar is the world's currency: It ...