Policy
Could a BRICS Currency Threaten the US Dollar’s Global Reserve Status?
The dollar is likely too entrenched to be seriously evicted from GRC status.
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BTC$62,495.00-2.10%
ETH$1,662.50-3.31%
USDT$0.99890.00%
USDC$0.9998-0.01%
XRP$1.11-1.51%
SOL$69.43-3.23%
TRX$0.329-1.30%
FIGR_HELOC$1.03-0.16%
HYPE$62.14-5.95%
DOGE$0.0788-3.89%
USDS$0.9997+0.01%
RAIN$0.0156-2.27%
LEO$9.54+0.05%
ZEC$416.96-5.64%
XLM$0.1953-3.57%
U.S. Treasury Secretary Scott Bessent announced a 90-day pause on reciprocal tariffs between the U.S. and China following negotiations.
The dollar is likely too entrenched to be seriously evicted from GRC status.
Saudi Arabia has accelerated talks with China regarding pricing oil in Yuan as its economic relationship with the US continues to diminish.
With its own digital currency, will China remain as the only sovereign player on the global(ist) geopolitical stage?