De-dollarization Debunked: US Dollar Still King, Study Finds

Is the U.S. dollar losing its grip on the global economy? The global reserve currency status of the US dollar raises concerns among strategic competitors, potentially challenging US hegemony in the global financial system. From the decline of empires to the rise of the BRICS bloc and digital currencies, the U.S. dollar’s reign may be at a tipping point. Can the dollar maintain its supremacy, or will a new financial order emerge?

Despite increasing chatter about de-dollarization and alternative currencies, a novel study conducted by the Atlantic Council Geoeconomics Center revealed how the USD indisputably remains the king of currencies despite being surrounded by external forces vying to challenge its dominance.

Worries about the decline of the dollar might be premature. This paper presents empirical evidence suggesting that these concerns are misplaced, finding US dollar dominance remains unchanged up through late 2025, nearly two years into the future based on current data. This comprehensive analysis suggests the dollar's strength is more resilient than many perceive.

Explore the key findings of the study and understand why claims of imminent de-dollarization are, for now, debunked. Learn about the factors contributing to the dollar's continued dominance and what it means for the global economy.