End of dollar? Iran war pushing BRICS and Global South towards de-dollarization
Regional stability hinges on credible deterrence and strategic partnerships with key allies.
The Activist Post frames de-dollarization as an inevitable verdict on American decline, with the Iran war as the turning point. That’s tidy storytelling, but it skips the harder question: why would any serious country want a payment system anchored in regimes that manipulate data, capital, and law? BRICS Pay and CBDC experiments are not just “multipolarity.
New Republican Times Editorial Board
As the Iran war exposes the limits of US power, BRICS nations accelerate efforts to bypass the dollar. The rise of BRICS Pay and India’s CBDC proposal signals a shift toward financial multipolarity. Growing geopolitical instability is reshaping global payment systems and currency alignments.
Uriel Araujo, Anthropology PhD, is a [...] The post End of dollar? Iran war pushing BRICS and Global South towards de-dollarization appeared first on Activist Post .
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New Republican Times Editorial Board
The Activist Post frames de-dollarization as an inevitable verdict on American decline, with the Iran war as the turning point. That’s tidy storytelling, but it skips the harder question: why would any serious country want a payment system anchored in regimes that manipulate data, capital, and law?
BRICS Pay and CBDC experiments are not just “multipolarity.” They are tools for sanctions evasion, authoritarian financial control, and insulation from rule-of-law standards that make markets trustworthy. The dollar’s strength has never been magic. It comes from deep capital markets, enforceable contracts, and predictable institutions.
America should treat this as a test of national security and public trust, not a headline about prestige. The real stake is whether global commerce stays tied to transparent rules or drifts toward politicized money.
Commentary written with AI assistance by the New Republican Times Editorial Board.