#CEXvsDEX101

Asia is progressively moving away from the US dollar, as a mix of geopolitical uncertainties, monetary changes, and currency risk hedging drive dedollarization across the region. Recently, the Association of Southeast Asian Nations, or ASEAN, has committed to promoting the use of local currencies in trade and investments, as part of the recently launched 2026-2030 Economic Community Strategic Plan. The plan underscored efforts to reduce shocks associated with exchange rate fluctuations by promoting local currency settlements and strengthening regional payment connectivity. "Trump's erratic trade policy"