Talk about privilege. The dollar is not just the currency of the United States; it is what's called the world's "reserve currency," where people and institutions park their money. But there's concern ...

Bitcoin Bitcoin could, theoretically, shape the global world order by becoming the de facto reserve currency. In an era marked by global economic volatility and political uncertainty, the concept of a ...

A sharp decline in the U.S. dollar over the past few weeks has captivated Wall Street and inspired a wave of catastrophizing about the end of the dollar’s reign as the de facto global reserve currency ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. The U.S. share of a leading index of global equities is now around 70 percent.

I argue Bitcoin is more likely to mature as a global reserve asset than a global currency, due to its deflationary nature and users holding rather than spending it. On-chain data shows declining ...

Stablecoins could help the U.S. dollar stay the world’s No. 1 reserve currency, but not in the way that many have assumed, according to Deutsche Bank Research. U.S. policymakers in July touted the ...

The US dollar is the world’s reserve currency with no obvious successors, but the recent market volatility has revived questions about the role of the greenback for the global economy going forward.