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Showing posts with the label asean

De-Dollarization: 13 Nations Find New Chinese Yuan Usage, Shunning US Dollar

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The rising de-dollarization trend is now gaining immense traction globally, with leading nations shunning the US dollar to opt for their currency alternatives. This development has led the US dollar to encounter violent fluctuations and volatility, weakening its price by a notch. At the same time, the world has found new use cases for the Chinese yuan, helping the internationalization of the Chinese currency on a whole new level. Will this new use case help the yuan gain global popularity, fame that directly challenges the US dollar’s prestige and valuation? Let’s find out. Also Read: Shiba Inu: SHIB Price Prediction For May 20, 2025 De-Dollarization: A New Use Case for Chinese Yuan Is Here Source: Gina Sanders / Fotolia via Wodicka 13 major economies, including ASEAN, South Korea, China, and Japan, have now found a new use case for the Chinese Yuan. This new usage includes a new emergency funding tool that makes use of the Chinese Yuan as the leading currency for funding em...

De-Dollarization: 10 ASEAN Nations That May Abandon The US Dollar

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Donald Trump, the president-elect of the United States, is tightening efforts to curb de-dollarization. The Trump regime is stringent towards protecting the US dollar’s prestige and is now delivering warnings to nations that have been working in tandem to ditch the US dollar. As Trump issues a call to protect the USD, his strict stance has also been comprehended by analysts as a narrative that may backfire, pushing nations further to find an alternative currency instead of embracing the US dollar. Will alliances like ASEAN and BRICS succumb to this pressuring development? Also Read: Shiba Inu: New Forecast Claims SHIB Hitting $0.00007, Here’s When? Trump Warns Nations Ditching The US Dollar Source: Watcher Guru Trump, in his latest tweet, has issued a serious warning against nations that are building dubious narratives against the US dollar. Trump shared how he will be imposing 100% tariffs on BRICS nations that are building a new currency system to challenge the USD, putting a st...