Dollar Exodus Accelerates: Egypt PM Joins Growing List of Nations Ditching USD

The greenback's grip is slipping—fast. Egypt just became the latest domino to fall in the global de-dollarization wave, with its Prime Minister confirming the strategic pivot away from USD reserves.

Not your grandfather's reserve currency

Central banks are quietly executing the greatest monetary heist of the 21st century—raiding the dollar's monopoly. No fanfare, just cold calculation as trade blocs and commodities markets rewrite the rules.

Crypto's open secret

While politicians tip-toe around currency wars, Bitcoin maximalists are grinning. Every dollar dumped by nation-states validates crypto's original thesis: sovereign money needs an upgrade. (Take that, Jamie Dimon.)

The financial old guard calls it coordination—everyone else sees the obvious. When even bureaucratic machines move faster than the Fed's reaction time, you know the game's changed. Gold? Digital assets? The new reserve cocktail's being mixed—and Wall Street's not invited to the bar.

More Nations Are Dumping the US Dollar, Want to Conduct Trade in Local Currency

The prime minister of Egypt, Mostafa Madbouly, has confirmed a striking speculation. The fact that the global nations are spearheading ways to expand local currency usage in bilateral trade is now gaining immense traction within the countries. Madbouly responded to a question asked by a TV BRICS journalist, claiming that several BRICS nations have already started to deploy local currency usage measures to reduce their reliance on foreign countries.

. A.As stated by the platform

Madbouly stated that the use of local currency in bilateral trade may help in maintaining balance. He later shared how the said MOVE also visibly strengthens and eases foreign exchange demand. Moreover, the Egyptian PM later shared that the local currency trade narrative has been deployed for bilateral use for now. However, BRICS nations may continue to expand this narrative for multilateral usage soon within the major BRICS nations circuit.

The US’s Abuse Of Sanctions Led The Dollar To Fall Flat On The Floor

The US dollar’s constant weaponization, coupled with the US’s ability to sanction nations, has led the USD to plunge dramatically. Per Global Times, the US has emerged as the top nation that has abused its power to sanction other nations, leading its economy to suffer major losses in its wake.

Why is the world walking away from the dollar?

The US use of the dollar as a tool of punishment has become so widespread, that the risk outweighs the reward of using dollars.

Dumb US policies are the cause of dedollarization. Our own politicians did this. pic.twitter.com/UHsqFV9yUb