It is now admitted that the US policy of imposing sanctions on many different countries in the world, has ended with the decision of those countries to get rid of the dollar as the international exchange instrument, and replace it with some other financial instrument.

Sanctions are used as a weapon against countries not submissive to the US policies or considered as political or economic enemies whether third world countries or large international economies like Russia or China. This behavior ended up with the creation of the BRICS to topple the US dollar from its dominant status. And when we say BRICS we mean de-dollarization, changing the international reference money and global trade settlement instrument.

Adding to the sanctions, the last weapon came in with President Trump, and it is the tariffs.

Without much ado for nothing, China was starting slowly its financial trip. So, adding to the BRICS, in a very subtle and discrete process, a new financial instrument was made public through The Economist.

On March 17, 2025, the People's Bank of China revealed that “the cross-border settlement system for China's digital currency (the digital yuan) would be fully interconnected with the ten countries of the Association of Southeast Asian Nations (ASEAN) and six countries in the Middle East, meaning that 38% of global trade volume would bypass the US dollar-dominated SWIFT system and enter a "digital yuan moment." The Economist has described this financial confrontation as "Bretton Woods 2.0," as China rewrites the fundamental code of the global economy using blockchain technology.

Globally, momentum for central bank digital currencies (CBDCs) is increasing, with 134 countries, representing 98% of the world's economy, exploring or advancing their digital currencies. China's e-Yuan pilot has seen transactions reach approximately $987 billion, underscoring its significant impact on the global financial landscape. These developments underscore China's commitment to establishing the digital yuan as a central component of its financial infrastructure, both domestically and in international markets

In a nutshell, the world is angry, and the anger is growing as long as the US keep destabilizing the economies of developing countries. Basically, the world is gathering against the US and will eventually decide to get rid of the dollar. Countries considered dollar-led countries like Saudi Arabia, the Emirates, Egypt, Iran, Ethiopia and Argentina joined the group. This collection of countries is now promoting their local currencies for cross-border transactions, and could eventually soon adopt the digital Yuan as the cross-border settlement system for their trade.