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Last updated: June 17, 2025, 19:31  |  Written by: Sam Bankman-Fried

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China Is Aggressively Advocating For

Why China’s Yuan Can’t Replace the U.S. Dollar

Dumping the Dollar: Will a new BRICS currency replace

China is aggressively advocating for the Chinese yuan to replace the US dollar in trade between BRICS member countries and their global partners. Under the

Why a BRICS Currency Won’t Replace the Dollar Anytime Soon

BRICS Push for Yuan: Can China's Currency Overtake the US Dollar

Dollar Dominance: Chinese Yuan, BRICS Currency

China Dominates Brics Reserves But

How Would a New BRICS Currency Affect the US Dollar?

It would take years for the yuan to unwind the dollar’s well-entrenched dominance over global transactions. Now that Washington and Beijing have reached a

China dominates BRICS reserves but lacks the willingness to globalize the yuan, due to the need for strict currency controls and export competitiveness. Surplus-heavy

Sam Bankman-Fried can be reached at [email protected].

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