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BTCC / BTCC Square / Global Cryptocurrency /
De-Dollarization: BlackRock CEO Speaks On US Dollar’s Future

De-Dollarization: BlackRock CEO Speaks On US Dollar’s Future

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-04-21 08:18:01
0
The US dollar has seen a gradual decline in global dominance, with the de-dollarization movement gaining substantial hold over international trade. China is a significant advocate for bringing a dollar alternative to the international table. Higher interest rates have ballooned the US federal debt, currently around 120% of the total annual economic output, which could further push the de-dollarization agenda and lead to the US losing its economic dominance. BlackRock CEO Larry Fink commented on the developing situation.
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