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Out of 195 countries in the world, 130 nations are moving towards building their Central Bank Digital Currency (CBDC). Therefore, 98% of the world is looking to launch their respective If the soon-to-be-released BRICS currency is considered a threat to the U.S. dollar, then the CBDC could be its death knell. Out of 195 countries in the world, 130 nations It looks like the US dollar is at risk now that 130 nations are moving towards the CBDC. Check out the latest reports about this below. US dollar is at risk Many countries worldwide are moving The overarching de-dollarization strategy for the BRICS bloc and the universal digitization of finance has led to an international movement towards a Central Bank A recent survey indicates that 70% of central banks are pursuing the development of Central Bank Digital Currencies (CBDCs) to move away

BRICS & 130 Countries Push for CBDC Currency: Is the US Dollar Doomed?

The global financial landscape is shifting. Out of 195 countries in the world, a staggering 130 nations are actively moving towards building their Central Bank Digital Currency (CBDC). This widespread adoption, coupled with the BRICS bloc's de-dollarization strategy, raises serious questions about the future dominance of the US dollar.

CBDCs: A Global Movement

A recent survey indicates that 70% of central banks are pursuing the development of Central Bank Digital Currencies (CBDCs) to move away from traditional financial systems. Many countries worldwide are moving towards CBDCs, driven by the potential for increased efficiency, reduced transaction costs, and greater financial inclusion. Out of 195 countries in the world, 130 nations are actively involved in CBDC research and development. Therefore, a significant majority of the world is looking to launch their respective digital currencies.

BRICS Currency & De-dollarization

The BRICS bloc's push for a new reserve currency, alongside the universal digitization of finance, has fueled an international movement towards a Central Bank Digital Currency future. This overarching de-dollarization strategy for the BRICS bloc aims to reduce reliance on the US dollar in international trade and transactions.

US Dollar at Risk?

It looks like the US dollar is at risk now that 130 nations are moving towards the CBDC. If the soon-to-be-released BRICS currency is considered a threat to the U.S. dollar, then the CBDC could be its death knell. The combined effect of BRICS de-dollarization and widespread CBDC adoption presents a significant challenge to the US dollar's global standing. Check out the latest reports about this below.

Stay informed about the evolving global financial landscape and its potential impact on the US dollar.

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