Chinese leader Xi Jinping has called for the Chinese yuan to become a global reserve currency, perhaps capitalizing on the dollar’s decline over the past year. Over the weekend, the ruling Communist ...

As the West reacts to the revelations in the latest batch of Epstein files, China has plans for the renminbi to become a ...

Bitcoin isn't an asset held by most central banks. It still has a handful of the properties that are common to reserve currencies. Therefore, it's likely that it will eventually be regarded as a ...

Given the concerns over tariffs and a potential global trade war, a growing number of investors have suggested that Bitcoin (CRYPTO: BTC) might eventually replace the U.S. dollar and become the global ...

The dollar is the global reserve currency. This has long been called the “exorbitant privilege”. It’s considered a huge advantage for the U.S. that the dollar holds this status – or so the story goes.

One of the more intriguing financial trends that has gained popularity in recent years is the de-dollarization movement. De-dollarization is an effort by a growing number of countries to reduce the ...

The U.S. dollar's share of global currency reserves reported to the International Monetary Fund nudged lower to 57.7% in the first quarter of 2025 while the share of euro-denominated reserves gained, ...