Russia Pushes Harder Against the Dollar—And Crypto May Have a Role to Play
Russia is intensifying its campaign to break free from U.S. dollar dominance in global trade. Foreign Minister Sergey Lavrov recently revealed that nearly 90% of Russia’s trade with BRICS nations is now settled in national currencies, signaling a dramatic acceleration of the de-dollarization movement.
This shift isn't happening in a vacuum. Over 40 countries, including economic heavyweights like China, India, and Brazil, are increasingly turning to local currencies and alternative financial systems to shield themselves from sanctions and the vulnerabilities of centralized financial control.
From Shanghai’s BRICS Development Bank financing projects outside traditional dollar systems, to ongoing discussions about creating a unified BRICS digital currency, the message is clear: the world is moving toward a multipolar economic order, and fast.
And here's where it gets interesting—crypto might just play a role in this transformation.
Russia has expressed growing interest in decentralized technologies such as blockchain and digital assets as tools to enhance economic sovereignty. Advocates argue that Bitcoin and similar assets can facilitate international trade outside conventional networks, furthering the goals of de-dollarization.
Which brings us to a question for the crypto community:
👉 What’s the one crypto lesson you learned the hard way?
No shame here. Whether it was trusting the wrong exchange, chasing hype, or ignoring cold wallets—someone out there needs to hear it. 🧠
As nations rethink the foundations of global finance, we as individuals are learning (sometimes painfully) how to navigate this parallel evolution in digital currency. Your story might help someone else avoid a costly mistake—or recognize an opportunity.
