BRICS and ASEAN Countries Unite to Dethrone the USD as the Global Reserve Currency – The End of American Financial Dominance?

BRICS countries have proposed a new currency to settle international trade in an attempt to challenge the U.S. dollar’s dominance and replace it as the global reserve currency, potentially inspiring other nations to promote their native currencies for global trading purposes and abandon reliance on the American tender. This trend could lead to an upheaval in the global financial system.

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