🌍 Global Currency Shift: USD, Crypto & the New Power Game
🇺🇸 USA is embracing crypto with new legislation to back USD-pegged stablecoins, aiming to extend dollar dominance into the digital world. While rejecting a digital dollar (CBDC), it’s betting on private innovation to keep USD relevant in global trade.
🌐 BRICS (Brazil, Russia, India, China, South Africa) are pushing de-dollarization—trading in local currencies, building alternative payment systems, and exploring gold/commodity-backed digital currencies.
🇮🇳 India supports its own Digital Rupee, trades with Russia in INR, and cautiously avoids USD-backed crypto to protect monetary sovereignty.
🇨🇳 China is promoting the Digital Yuan, building its own financial rails (CIPS), and banning private crypto to maintain control.
🇷🇺 Russia is using crypto and digital ruble to bypass sanctions and settle trade, especially with BRICS allies.
🔁 Bottom Line: The U.S. is adapting by embedding the dollar into crypto. Others are building parallel systems to escape its influence. The global financial order is being redefined—digitally.