Morgan Stanley: Bitcoin Could "De-Dollarize" the World Morgan Stanley’s recent report, “Digital (De)Dollarization?”, suggests that the U.S. dollar’s global supremacy is at risk due to the rise of Bitcoin and the emergence of Central Bank Digital Currencies (CBDCs). Despite the U.S. contributing about 25% to the global GDP, the dollar accounts for nearly 60% of global foreign exchange reserves. However, this dominance is challenged by the U.S.’s increasing twin deficits and economic sanctions, leading nations to explore alternatives to the dollar. The EU and China are promoting the euro and yuan, respectively, in international trade, while the BRICS nations are developing non-dollar trade methods. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Poised for Stellar Rise Amid Central Bank Buying and Fed Rate Cuts READ MORE China’s Gen Z Gives Gold a Boost READ MORE ZeroHedge: Rothschild Family Ventures Into Bitcoin READ MORE ZeroHedge: Speculative Froth Departing Gold as China Tightens Trading Conditions READ MORE Historic Debt Costs Loom: 2025 Debt Interest Costs to Exceed World War II Levels READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment