24 Countries Ditch US Dollar: What is Next?

Countries and regional groups are increasingly moving away from using the US dollar for trade. They are doing this to reduce their dependence on the dollar and to use a mix of different currencies instead. This change is part of a trend called de-dollarization. It aims to lower geopolitical risks and boost local economies by using their own currencies more. This shift is changing how international trade and finance work and could change the importance of the US dollar in the global economy.

In this video, we explore the countries that have partially or fully moved away from using the US dollar. We discuss their motivations and provide related information on their economic strategies. Additionally, we examine the de-dollarization efforts within the BRICS+ bloc, highlighting the significant steps taken by these nations to diversify their currency use in international trade.