Dollar

Will bitcoin benefit from a yen rescue? Arthur Hayes details a mechanism that could reshuffle the crypto market cards.

The BRICS face a decisive summit in an unprecedented climate of tension. Gathered in New Delhi on September 12 and 13, 2026, the ten members of the bloc must present a common vision on strategic issues such as dedollarization and economic cooperation. The exercise promises to be delicate. Territorial rivalries between some partners, combined with commercial pressures from Washington, weaken the image of a united front. This meeting will determine whether the BRICS can still turn their ambitions into a real alternative to the dollar-dominated financial system.

Local stablecoins, supposed to reduce dependence on the dollar, might instead accelerate it. According to the IMF, their adoption strengthens the dollar. An explosive paradox disrupting emerging markets. Why and how?

AI could revive the dollar supremacy via stablecoins, according to economists from AMRO. All the details in this article!

The yen hit 163.23 to the dollar on July 21, 2026, its lowest level since December 1986. The slide of the Japanese currency revives the debate on cash erosion and Bitcoin scarcity. But does the comparison hold up to the facts?

The project of a monetary system capable of competing with the dollar has long been considered an unrealistic ambition of the BRICS. This perception is now wavering. Jim O'Neill, the economist who popularized the acronym BRIC in the early 2000s, now recognizes that the major emerging economies have the means to build a credible alternative to the monetary order dominated by the greenback. This turnaround comes as geopolitical tensions intensify and payment infrastructures are transforming at high speed.

The economic monopoly of the West now hangs by a thread, and it is no longer marginal theorists who say this, but the very architects of global finance. Twenty-five years after theorizing the emergence of the economic powers of the South, Lord Jim O’Neill presents an uncompromising assessment of the G7's inability to adapt to the new global landscape. As the international financial network fragments under the weight of sanctions and geopolitical tensions, this reassessment sounds like a major warning for the supremacy of the US dollar.

Stablecoins are today macroeconomic forces capable of destabilizing states. On July 11, 2026, an IMF working paper led by Brandon Joel Tan broke a taboo. In economies with managed exchange rates, crypto-dollars compensate for the rationing of official currencies but act as formidable accelerators of crises. By displaying the scarcity of the dollar in real time, these assets cause massive and coordinated capital outflows.

Trump refuses to sign the housing bill, but the CBDC ban forces its way through anyway. Meanwhile, the CLARITY Act waits nervously in the wings.

American strikes against Iranian nuclear facilities have brought geopolitical risk back to the heart of financial markets. In just a few hours, oil soared, investors turned to assets deemed safest, and cryptos once again revealed their sensitivity to international tensions. This resumption of hostilities raises a central question: facing a major military crisis, can bitcoin compete with traditional safe havens, or does it remain a risky asset like the others?

Bolivia changes its monetary strategy after fifteen years of artificial stability. The country abandons its fixed peg to the dollar due to the decline of its reserves and economic pressure. This decision also revives the debate around financial alternatives like Bitcoin, as cryptocurrencies advance in economies facing currency tensions. The new exchange rate regime marks a new stage for the boliviano and transforms the country's monetary environment.

The debate on the future of digital money takes a new turn in the United States. The US Senate has passed a bill blocking CBDCs until 2030, providing a new political advantage to Bitcoin and decentralization advocates. While Washington limits central bank digital currencies, Europe accelerates with the digital euro, revealing two opposing visions of the financial future.

More than 80 countries are now seeking to reduce their dependence on the US dollar, a movement gaining unprecedented momentum under the impetus of the BRICS. Between trade settlements in yuan, rupee, or ruble and the multiplication of bilateral monetary agreements, several major economies are accelerating their transition towards alternatives to the greenback. As the expanded BRICS bloc gains influence on global trade, this dynamic is gradually reshaping international financial balances and fueling questions about the future of dollar dominance.

The stablecoin market enters a phase of brutal concentration. Tether absorbs almost all new flows, while its rivals take a hit. Between regulatory uncertainties and crypto market nervousness, investors now favor liquidity, size, and perceived security.

The dollar is losing ground where it ruled uncontested for decades. In March 2026, Russia and Iran settled $214 billion in trade in Chinese yuan, confirming the acceleration of dedollarization led by the BRICS. Behind this monetary shift lies a strategic battle between Washington and Beijing for control of global trade. Energy commerce, geopolitical tensions, and the rise of the "petroyuan": the great powers are quietly reshaping the rules of the international financial system.

Europe could soon deeply rethink its payment infrastructure. The Bank of Italy has just sent a strong signal in favor of a tokenized version of the SEPA system. An initiative that could redefine the role of the euro in an increasingly digital financial world.

The dollar dominates international trade, but its monopoly is weakening. Amid geopolitical tensions and Western sanctions, the BRICS are accelerating their strategy to break free from it. The bloc is now working on a system of payments in local currencies, capable of profoundly transforming global trade flows. Behind this initiative lies a clear ambition: to reduce Western financial influence and reshape monetary balances on a global scale.

A seemingly minor technical reform could profoundly reshape dollar payments. In the United States, the idea of granting certain stablecoin issuers access to the Federal Reserve is disrupting the established balance between banks and fintechs. In this context, XRP is re-emerging with an unexpected promise: to become a key component in the circulation of monetary flows. Still hypothetical, this scenario fits into a broader transformation of the U.S. financial infrastructure.

Europe thought it was laying the foundations for a safer crypto market. It may have actually hindered its own digital currency. Behind MiCA, presented as an exemplary framework, a reality sets in: euro stablecoins remain marginal compared to the dollar's hegemony. A recent report reveals this imbalance and revives a strategic debate. Between investor protection and global competitiveness, the European Union faces a dilemma that could weigh heavily on its place in digital finance.

The dollar is no longer just contested, but it is now bypassed in real usage. Starting April 30, 2026, the BRICS take a decisive step with the deployment of an operational payment system between China and Indonesia. Behind this initiative is a clear ambition: to concretely reduce dependence on the greenback in daily transactions. This progress marks the transition from a political strategy to a tangible application, likely to reshuffle the cards of the international monetary system.

Tensions around the Strait of Hormuz revive concerns over the stability of the global energy system, through which a major share of the world's oil transits. The system has long been controlled by the dollar, but this is changing because of dedollarization, shifts in global politics, and new options like bitcoin, which are being talked about as ways to avoid traditional financial systems. In this context of gradual transformation, oil becomes a point of friction in a silent monetary shift. A question naturally arises: are we moving from an age of the petrodollar to an era where a petrobitcoin standard is gradually emerging?

After fifteen years at the helm of Apple, Tim Cook is preparing to leave and triggers a major strategic turning point. The man who transformed the tech giant is handing over in a context of profound industry change. Behind this carefully prepared transition, one question already stands out: Is Apple about to accelerate its revolution or secure its legacy?

China has just sent a signal that could impact the global financial balance. By massively liquidating its US Treasury bonds while strengthening its gold reserves, Beijing is undertaking a strategic repositioning with potentially profound implications. Behind these figures, a dynamic is emerging that questions the dominance of the dollar and is already capturing the attention of markets, including the crypto market.

Oil, a historic pillar of the dollar, is beginning to slip away from it. Through a series of discreet but strategic agreements, the BRICS accelerate a shift that undermines the established monetary order. The yuan is gradually asserting itself in energy trade, supported by new financial infrastructures. Between geopolitical rivalries and the reconfiguration of global flows, this dynamic opens a breach in the dominance of the greenback and signals a profound mutation in the international monetary system.

The old king gold coughs at the worst moment: cannons, oil, dollar, everything is shaken up. While Schiff grinds his teeth, Wall Street looks elsewhere, with a mocking grin.

The dollar takes the initiative and sets its pace for the markets. In March, it recorded its best monthly performance since December 2024 supported by geopolitical tensions and an adjustment of expectations on U.S. monetary policy. This move caught part of Wall Street off guard and forced investors to review their positions. In the foreign exchange market, the balance shifts quickly, with repercussions already extending beyond Forex.

Crash among gold enthusiasts: in the midst of war, gold plummets like an old curtain, while bitcoin quietly smirks, as interest rates pull the strings behind the scenes.

The Dollar reaches new heights and crushes the crypto market along the way. Bitcoin, Ethereum, Solana, and XRP collapse despite a rising tech market. Why does this Dollar pressure stifle digital assets?