The number of countries embracing de-dollarization is rapidly growing, with over 50 nations actively shifting away from US dollar dominance right now, in 2025. This global economic transformation has actually accelerated in recent months, with an additional 14 countries joining the movement just in the past months..
According to the most recent analysis, about 46 countries have already switched to making transactions in national currencies, while 53 nations have also openly declared their opposition to the US currency, The shift from US dollar dominance has been embraced by both major economic powers and also developing nations alike. Countries implementing de-dollarisation now include both established economies and emerging markets seeking financial sovereignty.
BRICS nations have become leaders in the growing movement of de-dollarization. These are the de-dollarization striving nations, not only – Brazil, Russia, India, China, but South Africa too: new entrant – Egypt, Ethiopia, Indonesia, Iran, United Arab Emirates, “Almost complete de-dollarization of bilateral economic relations has been achieved between Russia and China, with over 90% of mutual payments now conducted in rubles or yuan.”
“Resorting to unilateralism undermines the international order…In the face of polarization and the threat of fragmentation, the consistent defense of multilateralism is the only path we must follow.”
