New Currency Of Power: How The Global South Is Dismantling Dollar Supremacy – The Cradle
New Currency Of Power: How The Global South Is Dismantling Dollar Supremacy
A coordinated rebellion is quietly reshaping global finance – one that aims not just to escape dollar tyranny, but to bury it.
“American hegemony helped provide public goods: open sea lanes, a stable financial system, collective security, and support for frameworks for resolving disputes … We participated in the rituals and largely avoided calling out the gaps between rhetoric and reality … This bargain no longer works. Let me be direct: we are in the midst of a rupture, not a transition.” – Canadian Prime Minister Mark Carney, special address at the World Economic Forum (WEF), Davos 2026
The era of the dollar’s unchallenged global supremacy is fraying at the edges. What was once a cornerstone of global finance and trade is now a contested domain, as a growing number of states search for alternatives to the currency long used to enforce western diktats. The US dollar’s centrality to cross-border transactions and its role as the world’s reserve currency are no longer guaranteed – and this shift is no longer theoretical….
The dollar still reigns, but its grip is loosening…
🔗SOURCE ➡️ The Cradle
Related: 12/30/25 — The Sovereign South and the Gravitational Rise of Multipolarity
10/24/25 — Ethiopia In Talks With China To Convert Billions In Debt From USD To Yuan
10/17/25 — India, Brazil Grow Closer In Bid To Bypass US Tariffs
10/1/25 — ASEAN Readies New Trade Deals For ‘future Without US’
7/2/25 — China talks up Digital Yuan in Push for Multi-Polar Currency System
10/24/24 — Putin at BRICS Summit: “USE OF DOLLAR AS A WEAPON, POLITICAL TOOL IS HUGE MISTAKE”– Putin, emphasizing that it undermines trust in the currency…
7/8/24 — SCO Hastens De-Dollarization, Multipolarity: Putin
5/19/24 — BRICS Members Determined to Ditch Dollar in Trade Transactions: Iran Diplomat
4/23/24 — BRICS: Russia And China Completely Ditch US Dollar for Trade
8/25/23 — BRICS Doubles Share of Global Oil Production In Welcoming Six New Members at BRICS Summit in S. Africa [X]
BRICS has added 6 countries to the group — Egypt, Ethiopia, Argentina, UAE, Iran, and Saudi Arabia
7/26/23- The End of The PetroDollar, The Rise of BRICS is Here [X] — TheMcgWire / @PsyopDaily Original
Soon after Russia’s Invasion of Ukraine, I published a 3 part article series [1,2,3] in March 2022 that predicted the Western response to the crisis would facilitate the rise of BRICS and catalyze de-dollarization..
I predicted the rise of BRICS in March 22′ one month into Ukraine war based off flagrant threats of sanctions on neutral countries like India and gulf states would lead to a decline in US hegemony and the rise of BRICS. I was right. And yet, we continue down the same path, with predictable consequencess ⤵️
March 2022 Flashback: US Hegemony Threatened As Saudis, UAE, India Ignore Threats of Sanctions, Turn to Russia/China [X]
India isn’t the only country seeking to phase out the dollar in its international trade, Saudi Arabia is seeking to start accepting the Yuan for their oil..
As Saudi Arabia is seeking to abandon the Petrodollar, India is seeking to phase out the dollar as a reserve currency in trade with Russia, the dollar’s reserve currency status faces a great threat.
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READ FULL ARTICLE: This article originally appeared on The Cradle
