The US dollar has long been the world’s dominant currency, facilitating international trade and finance as part of dollar hegemony since World War II. Yet, more countries now challenge this system, seeking de-dollarization and alternative methods for global transactions. This article explores the reasons behind this shift, its potential impact on the financial system, and the future of the US dollar’s role in the new world order.► The role of the US dollar in the global economy and its signif...

The US dollar has long been the world’s dominant currency, facilitating international trade and finance as part of dollar hegemony since World War II. Yet, more countries now challenge this system, seeking de-dollarization and alternative methods for global transactions. This article explores the reasons behind this shift, its potential impact on the financial system, and the future of the US dollar’s role in the new world order.► The role of the US dollar in the global economy and its signif...