Dollar dominance is on the rise

There's a lot of chatter about dedollarisation, but honestly, the markets still crave the dollar. With stablecoins in the mix, the dollar's grip is actually getting stronger. Trump’s gonna ramp up the adoption of stablecoins, and it's funny how even those who talk about dedollarisation are using stablecoins themselves. But let’s not kid ourselves. This isn't really about making life better for average Americans. It's more about leveraging the US, its military might, and dollar strength to enrich the already wealthy. The richest people use the US system to get even richer, like a giant snowball that's just getting bigger, partly thanks to major institutions like BlackRock. One reason the dollar is gaining power is that even leaders from countries like China, Russia, and other BRICS nations realize that if they play nice with the US and the dollar, they can benefit too. Sure, a strong dollar isn't great for the average folks in China, India, or Russia, but it definitely helps the wealthy. And let's not forget, countries in the Middle East want a strong dollar and a dominant America. So while everyone’s quick to blame the US and call it a bully, it also serves the interests of the elite in BRICS countries. The US and the dollar aren’t just about a single nation; they represent the interests of the powerful elite who all want the same thing: a DOMINANT DOLLAR. So yeah, the world can call the US a bully, but behind it are the elites from all over, not just the West, but also the rich from Russia and China.

Millions of Americans are now relying on Food Banks to receive some free meal just to stay alive and not starve to death and that includes the recently added government employees who have not been paid for more than a month and the US military personnel that can be seen begging for food in lines inside and outside USA. Yes, Dollar is growing bigger In any case it is still strange that for the past 3 years you've been pushing the stableshitcoin narrative and sometimes even go as far as claiming they are better than bitcoin! All these stablecoins you see that are issued by companies are still as extremely risky to use as the day they were created because they are centralized and shady. They are not going to save anybody's economy, be it US economy or Chinese or anybody else's. If they were issued by the government, it could be a different story. Like the e-CNY thing issued by the Chinese government which has reached a massive ¥14.2 trillion (approx. $1.97 trillion USD) transaction volume with over 260 million users. This is has helped the transition to Yuan and abandoning the dollar for many countries. USA has no such thing as of yet.

Well, let's say there are rich Russians, whom the OP described (similar to the oligarchs from the beginning of the century). But they have not had the same influence for a long time, and they do not determine policy. By the way, according to the latest data, the share of the dollar in trade between China and Russia is 0.9%. Yes, the dollar used to be king. But now the dollar is becoming more and more like a tramp every day. And who is to blame for this? So it's the United States itself that has destroyed confidence in its currency. Regarding the legalization of payments in stablecoins and their mass distribution, there is such an unobvious factor that is beneficial to Trump. Stablecoins are destroying the Fed's monopoly on dollar issuance.