Seeds of Wisdom RV and Economic Updates Friday Morning 6-6-25
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Former CFTC Chair Warns Digital Asset Clarity Act Could Undermine Main Markets
Former Commodity Futures Trading Commission (CFTC) Chair Timothy Massad warned lawmakers that the Digital Asset Market Clarity Act of 2025 (Clarity Act) could create more confusion than clarity while potentially undermining decades of established securities law.
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Former CFTC Chair Warns Digital Asset Clarity Act Could Undermine Main Markets
Former Commodity Futures Trading Commission (CFTC) Chair Timothy Massad warned lawmakers that the Digital Asset Market Clarity Act of 2025 (Clarity Act) could create more confusion than clarity while potentially undermining decades of established securities law.
In testimony before the House Financial Services Committee, Massad argued that effective digital asset legislation for market structure should follow two simple principles: “do no harm and keep it simple.”
Massad emphasized that any digital asset market structure legislation must not undermine the U.S.’s $120 trillion equity and debt markets, which he described as “the foundation of the U.S. economy and the envy of the world.” He cautioned that “legislation that rewrites the definition of a security or revises the Howey test to promote this technology can easily undermine the markets.”
Clarity Act’s Fatal Flaws
The former regulator identified several ways the Clarity Act violates his core principles:
Unstable Decentralization Criteria
Massad criticized the bill’s excessive reliance on decentralization as a regulatory framework, calling it “unstable ground on which to build a regulatory framework.” He noted it is difficult to define and measure, may change over time, and is not necessarily the right metric for judging innovation.Regulatory Gaps Persist
The Act fails to address the main oversight gap it claims to solve. While it introduces regulation for “digital commodities,” its definition would apply to only a handful of tokens. Exchanges like Coinbase, Kraken, and Gemini list dozens to hundreds of tokens, many of which would still lack meaningful oversight.Regulatory Arbitrage Risk
At 236 pages long with dense and complex definitions, the legislation opens doors for regulatory loopholes. Massad warned that “many, many lawyers will spend huge amounts of time developing ways to exploit this legislation.” He urged that legislation should focus on high-level principles and leave detailed implementation to experts.
A Simpler Path Forward
Instead of the Clarity Act’s approach, Massad renewed his proposal for a joint Self-Regulatory Organization (SRO) overseen by both the SEC and CFTC. This entity would regulate “any trading platform or other intermediary transacting in Bitcoin or Ether,” covering all digital tokens traded on those platforms.
The proposed SRO would be:
Tightly supervised by the SEC and CFTC
Governed independently, with board members and rules approved by the agencies
Focused on governance, customer protection, conflicts of interest, and anti-fraud
Massad contended this model would deliver comprehensive investor protection quickly by targeting the centralized platforms that dominate crypto spot markets—all without the definitional chaos embedded in the Clarity Act.
@ Newshounds News™
Source: Ledger Insights
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BRICS: Oil Giant Eyes Chinese Yuan Bonds, Ignores US Dollar Assets
In a breakthrough shift in the financial sector, the BRICS alliance has paved the way for other countries and leading business institutions to look beyond US dollar-based Treasuries and bonds and buy other Asian-based financial assets.
Kazakhstan, which participates in BRICS Outreach formats, has allowed its state-run oil and gas company KazMunayGas to eye Chinese yuan bonds, leaving aside the US dollar-based bonds and Treasuries for the first time.
The Chinese yuan bonds are cheaper debt compared to the US-denominated financial assets such as Treasuries and bonds. KazMunayGas is also exploring opportunities to issue debt in Arab countries and buy their bonds in a first-of-a-kind development.
The credit for this new shift goes to the BRICS bloc as they’re convincing firms that there are more options to explore such as the Chinese yuan than just buying US dollar-based assets.
BRICS: Kazakhstan’s Oil & Gas Firm Eyes Chinese Yuan Bonds, Sidelining US Dollar Assets
KazMunayGas is looking to explore cheaper borrowing terms and usher the oil and gas industry into a new era. Reducing US dollar-denominated assets was the primary goal of BRICS and now other countries are following suit.
“We looked at all options. Currently, there is a possibility to sell dim sum, and panda bonds,” said CEO Askhat Khassenov to Bloomberg. “Dim sum and panda bonds offer rather good conditions,” said Khassenov.
For the uninitiated, dim sum bonds refer to notes denominated in the offshore Chinese yuan. It mainly trades outside mainland China. In addition, panda bonds are yuan debt sold by foreign borrowers in China’s domestic market. It might not take much time before state-run oil firms from BRICS countries start eyeing Chinese yuan bonds.
The BRICS development will add a dent in the US dollar-denominated assets while Chinese yuan bonds go for the win. This is the first such instance where the yuan assets are being considered—and might not be the last either.
@ Newshounds News™
Source: Watcher Guru
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Expect a Gold-Backed Chinese Yuan
Expect a Gold-Backed Chinese Yuan
Liberty and Finance: 6-6-2025
The global financial system teeters on the precipice of a seismic shift, according to renowned financial analyst Alasdair Macleod.
In a recent interview with Liberty and Finance, Macleod issued a stark warning: the U.S. bond market is dangerously mispriced, and the consequences could be catastrophic.
Macleod argues that rising interest rates are failing to compensate for the burgeoning credit risks inherent in U.S. Treasuries, particularly for foreign investors.
Expect a Gold-Backed Chinese Yuan
Liberty and Finance: 6-6-2025
The global financial system teeters on the precipice of a seismic shift, according to renowned financial analyst Alasdair Macleod.
In a recent interview with Liberty and Finance, Macleod issued a stark warning: the U.S. bond market is dangerously mispriced, and the consequences could be catastrophic.
Macleod argues that rising interest rates are failing to compensate for the burgeoning credit risks inherent in U.S. Treasuries, particularly for foreign investors. This mispricing, he believes, stems from a fundamental misunderstanding of risk within the market, a situation exacerbated by declining confidence in the very foundation of the Western financial system: U.S. government bonds.
While the West remains tethered to the increasingly precarious world of fiat money, Macleod points to China’s strategic accumulation of gold over the past decades as a game-changing move.
China’s objective, according to Macleod, is clear: to internationalize the yuan and eventually back it with gold, offering a tangible alternative to the dollar’s weakening grip on global trade.
This highlights a fundamental difference in perspective. While Western nations cling to the illusion of control through fiat currencies and increasingly invasive Central Bank Digital Currencies (CBDCs), China recognizes the timeless value of gold as real money.
Macleod argues that everything else, including government bonds and CBDCs, is merely credit or a tool for political control.
Macleod’s analysis paints a grim picture of the future, dominated by rising geopolitical tensions, weakening global currencies, and the looming threat of a bursting credit bubble. The sheer scale of this bubble, he warns, is unprecedented in history.
In light of these impending economic storms, Macleod urges individuals to prioritize wealth preservation, emphasizing the enduring value of physical gold. He contends that gold serves as a vital hedge against the risks inherent in the current financial climate, acting as a safe haven amidst the turmoil and uncertainty.
Macleod’s analysis is a sobering reminder of the fragility of the global financial system. His call to action serves as a vital warning, urging individuals to reconsider their financial strategies and prioritize the preservation of their hard-earned wealth in the face of growing economic and geopolitical instability.
As the canary in the coal mine falls silent, individuals must heed the warning and prepare for the turbulent times ahead. The clock is ticking.
Seeds of Wisdom RV and Economic Updates Thursday Afternoon 6-5-25
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RWA Token Market Grows 260% in 2025 as Firms Embrace Regulating Crypto
RWAs are benefiting from increasing U.S. crypto regulatory clarity, which has pushed the tokenization sector past $23 billion.
The tokenization of real-world assets (RWAs) surged in the first half of 2025 as increased regulatory clarity fueled broader adoption of blockchain-based financial products.
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RWA Token Market Grows 260% in 2025 as Firms Embrace Regulating Crypto
RWAs are benefiting from increasing U.S. crypto regulatory clarity, which has pushed the tokenization sector past $23 billion.
The tokenization of real-world assets (RWAs) surged in the first half of 2025 as increased regulatory clarity fueled broader adoption of blockchain-based financial products.
Real-world asset tokenization refers to financial and other tangible assets minted on the immutable blockchain ledger, increasing investor accessibility and trading opportunities for these assets.
The RWA market surged more than 260% during the first half of 2025, surpassing $23 billion in total valuation. It stood at just $8.6 billion at the beginning of the year, according to a Binance Research report shared with Cointelegraph.
Tokenized private credit led the RWA market boom, accounting for about 58% of the market share, followed by tokenized U.S. Treasury debt at 34%.
“As regulatory frameworks become clearer, the sector is poised for continued growth and increased participation from major industry players,” the report said.
Although RWAs currently lack a dedicated regulatory framework and are considered securities by the U.S. Securities and Exchange Commission (SEC), the sector is still benefiting from broader regulatory developments in crypto.
On May 29, the SEC issued new guidance on cryptocurrency staking, a move widely interpreted as a sign of “more sensible regulation.” Alison Mangiero, head of staking policy at the Crypto Council for Innovation, called the guidance a “significant win” for the industry.
The market is also awaiting a full Senate vote on the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, which seeks to establish clear rules for stablecoin collateralization.
Other analysts cited Bitcoin’s temporary price consolidations as a major driver for RWA growth, positioning the sector as a safer investment option with more predictable yields.
Corporate FOMO Fuels Bitcoin Balance Sheets
A renewed corporate “FOMO” — fear of missing out — is inspiring more companies to adopt Bitcoin on their balance sheets.
As of now, at least 124 public companies hold Bitcoin as part of their corporate treasury, according to data from BitcoinTreasuries.NET.
While the summer may typically slow crypto activity, Binance Research noted that broader macro conditions and regulation will dictate the speed of future corporate adoption. They explained:
“Corporate BTC adoption is driven by long-term balance sheet strategy, treasury diversification and capital-raising activity.”
Long-term perspectives — not short-term liquidity or seasonal trends — are expected to continue shaping how and when corporations move to integrate Bitcoin into their financial frameworks.
@ Newshounds News™
Source: Cointelegraph
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BRICS vs G7: Who Is Richer in 2025?
BRICS is competing with G7 to take on the monetary world and influence trade policies to its benefit. The alliance is a towering figure in the global markets threatening the global financial order. The ultimate goal is to tilt the power from the West to the East and usher the world into a new financial order. Now that BRICS is competing with G7 on the international stage, let’s see which alliance is richer in 2025.
Richest Alliance in 2025: G7 or BRICS?
1. Alliance Overview
BRICS Members (10 countries): Brazil, Russia, India, China, South Africa, Egypt, United Arab Emirates, Ethiopia, Indonesia, and Iran
Population: 3.5 to 4 billion (40–45% of world)
Strengths: Natural resources, energy dominance, rising middle class, growth potential
G7 Members (7 countries): United States, Canada, France, Germany, Italy, Japan, and the United Kingdom
Population: 800 million (10% of world)
Strengths: Wealth, controls global financial institutions, wider financial influence, technological supremacy
2. Economic Comparison in 2025
BRICS:
Nominal GDP: $30–32 trillion
GDP in Purchasing Power Parity (PPP): $60–65 trillion
Global GDP Share: 30% (Nominal), 35% (PPP)
G7:
Nominal GDP: $45–50 trillion
GDP (PPP): $45–47 trillion
Global GDP Share: 45% (Nominal), 30% (PPP)
3. Final Verdict: So Who Is Richer?
The final verdict goes to G7 and not the BRICS alliance, as the Western bloc remains richer in traditional economic terms. It is an economic superblock with real-world financial leverage that can make or break global markets. The G7 controls global banking and financial institutions worth trillions of dollars, with higher per-capita wealth and global geopolitical dominance.
On the other hand, BRICS is rising in power but still lacks per-capita wealth and is struggling to gain cohesive global influence. The alliance is also divided on internal policies, while the G7 remains a closely knit, coordinated economic force.
@ Newshounds News™
Source: Watcher.Guru
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Seeds of Wisdom RV and Economic Updates Wednesday Morning 6-4-25
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SEC CHAIR PAUL ATKINS SAYS IT'S A ‘NEW DAY’ FOR THE AGENCY, CALLS FOR ‘RATIONAL’ CRYPTO REGULATION
Paul Atkins is promising a “rational” approach to rulemaking instead of enforcement, as lawmakers eye sweeping reforms.
▪️ SEC Chair Paul Atkins said Tuesday the agency will prioritize "clear rules of the road" for crypto.
▪️ He testified that investor protection and innovation require regulatory clarity.
▪️ But some lawmakers are pushing for the CLARITY Act to shift oversight away from the SEC.
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SEC CHAIR PAUL ATKINS SAYS IT'S A ‘NEW DAY’ FOR THE AGENCY, CALLS FOR ‘RATIONAL’ CRYPTO REGULATION
Paul Atkins is promising a “rational” approach to rulemaking instead of enforcement, as lawmakers eye sweeping reforms.
▪️ SEC Chair Paul Atkins said Tuesday the agency will prioritize "clear rules of the road" for crypto.
▪️ He testified that investor protection and innovation require regulatory clarity.
▪️ But some lawmakers are pushing for the CLARITY Act to shift oversight away from the SEC.
U.S. Securities and Exchange Commission Chair Paul Atkins is continuing on his crusade to bring a “new day” to the SEC and shift the agency's stance toward digital assets.
Testifying before the Senate Appropriations Subcommittee on Financial Services and General Government on Tuesday, Atkins vowed to pursue a "rational regulatory framework" for crypto assets, prioritizing rulemaking and transparency over enforcement actions.
“Clear rules of the road are necessary for investor protection against fraud—not the least to help them identify scams that do not comport with the law,” he said.
“Policymaking will be done through notice and comment rulemaking, not through regulation-by-enforcement,” Atkins added.
Atkins, a veteran of the SEC, was confirmed in April after a lengthy and partisan nomination process.
His return marks a stark departure from the approach taken by his predecessor, Gary Gensler, whose tenure was marked by enforcement actions against crypto firms and a broad interpretation of securities laws that made him unpopular with the crypto industry.
Since Gensler’s exit, the SEC has dropped several high-profile lawsuits, first under interim chair Mark Uyeda and then under Atkins, and has issued guidance for multiple categories of crypto, including exempting certain staking activities from securities regulation.
The agency's evolving posture comes amid growing momentum in Congress to strip the SEC of its authority over crypto altogether.
Last week, lawmakers introduced the CLARITY Act, which would amend securities laws to exempt most crypto assets from SEC jurisdiction and establish a new legal framework.
“Our bill secures American dominance, democratizes digital assets, unleashes innovation, and protects consumers from fraud,” said Rep. Bryan Steil (R-WI), chair of the House’s Financial Services Subcommittee.
However, Democratic staffers on the House Financial Services Committee have criticized the SEC for withholding an impact analysis of the bill, raising concerns that the proposal could create loopholes for traditional finance under the guise of blockchain adoption.
Atkins acknowledged the shifting legislative landscape but emphasized the role of the SEC's new Crypto Task Force and upcoming DeFi roundtable in supporting innovation.
"I anticipate benefits from this market innovation for efficiency, cost reduction, transparency, and risk mitigation," he said.
@ Newshounds News™
Source: Decrypt
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Trump's CFTC Pick Brian Quintenz Set for Senate Hearing on June 10
Brian Quintenz, head of global policy at a16z crypto and former CFTC commissioner (2017–2021), is scheduled to appear before the Senate Agriculture Committee for his nomination hearing on June 10 at 3:00 p.m. The hearing could pave the way for his return—this time as Chair of the U.S. Commodity Futures Trading Commission (CFTC).
Trump’s Nominee Pushes for Senate Support
In February, former President Donald Trump nominated Quintenz to lead the CFTC. Since then, Quintenz has met with lawmakers, including Sen. John Boozman, to gain support. “We discussed the critical role the CFTC and its markets play in risk management throughout the economy, supporting our agriculture sector, and promoting innovation,” Quintenz posted on X after the meeting.
The Senate Agriculture Committee added: “His previous experience as a CFTC Commissioner and knowledge of derivatives and emerging markets will serve him well as leader.”
CFTC in Flux as Leadership Changes Unfold
Quintenz’s nomination arrives during a major leadership shuffle at the agency—four commissioners have recently stepped down or announced departures. His return could reshape the CFTC’s future, particularly regarding digital assets and crypto regulation, as Washington seeks to clarify the agency’s jurisdiction over various segments of the crypto markets.
Crypto Focus and Potential Conflicts of Interest
Quintenz is expected to bring crypto policy to the forefront if confirmed. He recently disclosed $3.4 million in assets, including positions in crypto-linked companies such as Kalshi, a prediction markets platform previously entangled in a long legal battle with the CFTC.
Quintenz has assured lawmakers that he would relinquish any roles or financial ties that could pose conflicts of interest if confirmed.
@ Newshounds News™
Source: The Block
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CALIFORNIA ASSEMBLY PASSES BILL TO ALLOW CRYPTO PAYMENTS TO STATE
Assembly Bill 1180 moves to Senate after unanimous approval, could make California a crypto-forward state by 2026.
▪️ California’s AB 1180 passed the State Assembly in a 68–0 vote.
▪️ The bill would allow crypto payments to state agencies under the Digital Financial Assets Law.
▪️ If passed by the Senate and signed by the governor, it would go into effect July 1, 2026.
California has taken a major step toward embracing digital assets, as Assembly Bill 1180 (AB 1180)—which would permit state departments to accept cryptocurrency for fees and transactions—cleared the California State Assembly with a unanimous 68–0 vote on June 2. The legislation will now move forward to the State Senate.
If passed, the bill mandates the Department of Financial Protection and Innovation (DFPI) to create a regulatory framework under which digital assets could be accepted for payment under the Digital Financial Assets Law (DFAL). The DFPI is California’s main financial regulator, balancing consumer protection with responsible innovation.
If signed into law by Governor Gavin Newsom, AB 1180 would go into effect on July 1, 2026.
According to the bill’s sponsor, Democratic Assemblymember Avelino Valencia, a pilot program would run until January 1, 2031, at which point full implementation would begin.
California could soon join states like Florida, Colorado, and Louisiana, which already accept crypto payments for specific obligations. If enacted, the DFPI would also be required to submit a comprehensive report by January 1, 2028, documenting all crypto transactions processed, as well as any technical and regulatory hurdles faced along the way.
Under DFAL, a crypto transaction is defined as a digital representation of value used as a medium of exchange, but not legal tender.
The bill underwent four amendments before passing, including the removal of a section related to ride-sharing and personal vehicles.
“Bitcoin Rights” Bill Also Progressing
AB 1180 is designed to complement another legislative effort, AB 1052, also known as the “Bitcoin Rights” bill. That legislation, which passed its first committee with an 11–0 vote on May 23, seeks to ensure that crypto self-custody and private payments remain legal and protected throughout the state.
If passed, AB 1052 would legally recognize digital assets as a valid form of payment in private transactions and prohibit public entities from banning or taxing crypto based solely on its use in payments.
California already has a budding crypto economy, with 117 merchants accepting Bitcoin payments, according to BTC Maps data.
@ Newshounds News™
Source: Cointelegraph
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America Urges India To Reject BRICS: ‘Do Business With the US’
U.S. Commerce Secretary Howard Lutnick said that the United States could reach a trade agreement soon with New Delhi. Lutnick touched upon various pain points between the two nations and suggested that India should scale back its involvement in BRICS and maintain cordial business relations with the U.S.
He said that India rubbed the U.S. the wrong way after buying military equipment from its BRICS counterpart, Russia. “There were certain things that the Indian government did that generally rubbed the United States the wrong way. For instance, generally buying your military gear from Russia,” he said.
To mend things, he noted that the Modi government is now buying military arms from the U.S. “So I think India is starting to move towards buying military equipment from the United States, which then goes a long way,” he added.
BRICS: U.S. Urges India To Open Up Their Markets: ‘We Want Access to Business and Finance’
Reports suggest that the U.S. is using India as a stepping stone to disintegrate the BRICS alliance. Many countries tried to reach out to the U.S. with new trade deals after Trump imposed tariffs on various goods. Lutnick appreciated India’s efforts to be among the early countries to amend trade policies that could benefit the U.S. “I think India is trying hard to be one of the earlier countries (to reach a trade deal with the U.S.), which I appreciated,” he said.
He added that the U.S. would want access to BRICS member India’s markets to reduce the trade deficit. “But what I hope to achieve is we would like market access. We would like our businesses to have reasonable access to the markets of India. We want to have the trade deficit reduced,” he said.
Lutnick revealed that the U.S. will also allow special access to BRICS member India if it opens up its markets. “Now, in exchange for that, what India is going to want is certain key markets to make sure that they have special access to the American marketplace,” he summed up.
India Had Rejected De-Dollarization Early This Year
BRICS member India had openly stated that the country is disinterested in the de-dollarization agenda. The Modi government made it clear that they want cordial ties with the U.S. and do not want to upend existing trade deals. India’s GDP is growing, and without the help of the U.S., business transactions would come to a standstill.
Cutting ties with America is a risky affair for the Modi government, as the Prime Minister does not want to hamper the growing GDP of the country. In addition, India hosts the largest IT sector for the U.S., and the two have been going hand-in-hand for three decades. If the country messes up with its IT sector, businesses could move to other developing nations. Therefore, BRICS member India will have more to lose than gain if it ends its reliance on the U.S. dollar.
Also, Trump has always called Modi his good friend, and the two share warm and gracious relations. Both leaders highly praise the other, calling each other’s decisions tough and bold. India is the only country in BRICS that has openly shown support for the U.S. dollar by rejecting de-dollarization.
India’s Market Potential Remains a Key Focus
The U.S. knows that BRICS member India has a huge market with potential returns worth billions of dollars. Its population of 1.4 billion people holds the key to revenues and profits worth millions and billions. Elon Musk’s Starlink is also looking at an entry into the Indian markets to provide high-speed internet connections. They are also planning to make the pricing affordable to cater to a larger section of the Indian audience.
@ Newshounds News™
Source: Watcher.Guru
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Economist’s “News and Views” 6-3-2025
Post-Dollar World Incoming as Global Reset Unfolds
Taylor Kenny: 6-3-2025
Nations across the globe are dumping Treasuries, creating new trade systems, and turning to gold.
This is not just an economic trend, it is a full blown monetary reset that is already in motion.
Don’t let your financial future become another Blockbuster story.
See how gold is taking center stage and what you can do to prepare before the reset hits
Post-Dollar World Incoming as Global Reset Unfolds
Taylor Kenny: 6-3-2025
Nations across the globe are dumping Treasuries, creating new trade systems, and turning to gold.
This is not just an economic trend, it is a full blown monetary reset that is already in motion.
Don’t let your financial future become another Blockbuster story.
See how gold is taking center stage and what you can do to prepare before the reset hits
U.S. Funding Crisis: Fed’s QE Is Coming by September, Gold to Soar to $4,500-$5,000 | Adrian Day
Kitco News: 6-3-2025
Gold is surging above $3,350 and silver just broke $34, but are we witnessing a true breakout, or just another head fake?
Adrian Day, Chairman and CEO of Adrian Day Asset Management, returns to Kitco News from the Mining Investment Event in Quebec City to break it all down.
He explains why gold’s fundamentals remain rock solid, central banks are still buying, and why miners remain deeply undervalued despite record margins. Key points:
Gold and silver rally as OECD slashes global growth forecast
Central bank demand for gold remains strong, despite slowing pace
Mining stocks are undervalued – Barrick and Agnico singled out
Day expects QE by September, not rate cuts
Bullish on gold, uranium, and copper through 2026
Is China about to reset the gold price?
Goldcore TV: 6-3-2025
In a move that could reshape global finance, #China is quietly rewriting the rules of the game.
The Shanghai Futures Exchange is opening its #gold futures market to overseas investors, tying pricing to real physical delivery.
This isn’t just another market tweak. It’s a bold step in Beijing’s long-term plan to move global financial power east. At the heart of that plan lies a potent combination: gold and the #yuan.
China is moving away from US Treasuries, building its gold reserves, and slowly constructing an alternative financial system that doesn’t rely on the dollar.
While the West drowns in debt, rising yields, and fragile banks, China is offering the world something different: monetary sovereignty backed by something real.
Could Shanghai become the new centre of global gold pricing? Is China preparing to back the yuan with gold? And what happens when physical gold, not leveraged paper, sets the price?
This is not about headlines or posturing. It’s about vaults, strategy, and power.
The dollar may still dominate, but China isn’t just participating in the system anymore. It’s rebuilding it.
Watch to understand how gold is becoming the quiet core of a global financial reset.
Seeds of Wisdom RV and Economic Updates Tuesday Morning 6-3-25
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Opening Remarks by Chair Jerome H. Powell
At the Division of International Finance 75th Anniversary Conference, Federal Reserve Board, Washington, D.C.
Chair Jerome Powell opened the 75th Anniversary Conference of the Division of International Finance (IF) by emphasizing the division's indispensable role in shaping U.S. monetary policy and global economic strategy over the past seven decades.
“In my time at the Fed, the IF division has provided invaluable insight into global economic activity, international trade and capital flows, and developments in foreign financial markets,” Powell noted. “Your research and analysis are critical inputs into our monetary policy decisions.”
Good Morning Dinar Recaps,
Opening Remarks by Chair Jerome H. Powell
At the Division of International Finance 75th Anniversary Conference, Federal Reserve Board, Washington, D.C.
Chair Jerome Powell opened the 75th Anniversary Conference of the Division of International Finance (IF) by emphasizing the division's indispensable role in shaping U.S. monetary policy and global economic strategy over the past seven decades.
“In my time at the Fed, the IF division has provided invaluable insight into global economic activity, international trade and capital flows, and developments in foreign financial markets,” Powell noted. “Your research and analysis are critical inputs into our monetary policy decisions.”
A New Era for the Global Economy
The IF division was officially established on July 1, 1950, rooted in the post-WWII emergence of the U.S. as a global economic superpower. Powell highlighted a 1948 memo that called for its creation, which stated:
“Problems of international economics and finance have become increasingly large, complex, and significant in recent years…”
“That is the rare economic forecast that turned out to be spot on,” said Powell.
With the Bretton Woods Agreement placing the U.S. and the Fed at the center of the postwar financial system, the need for global economic expertise became clear.
The division has since evolved to monitor foreign policies, model global economic interactions, and help navigate volatile currency markets—especially after the fall of Bretton Woods in the 1970s.
Modeling the World Economy
One of the division's most important contributions has been its development of macroeconomic modeling tools. Under Ralph Bryant’s leadership, the IF division launched its first multicountry model, laying the groundwork for today’s sophisticated simulations.
“These models have proven useful for understanding how international shocks transmit through the economy and financial markets…” Powell explained. They provide core insights that inform research papers, FOMC briefings, and risk assessments used in monetary policy deliberations.
Prepared for Global Crisis
Powell recalled the IF division's instrumental role during numerous global crises—from the Latin American debt crisis of the 1980s to the Global Financial Crisis and the COVID-19 pandemic.
During the 2008 crisis, the division helped design swap line arrangements with major central banks to restore dollar liquidity. In 2020, the team spearheaded the FIMA Repo Facility, ensuring dollar availability during pandemic-induced turmoil.
The division has since developed new uncertainty indexes to measure geopolitical, inflation, trade, and economic risks, sharpening the Fed’s ability to anticipate and respond to global shocks.
Conclusion: A Legacy of Global Insight
In his closing remarks, Powell praised the IF division's enduring contributions:
“For 75 years, nine Fed chairs and countless Board members have greatly benefited from the guidance and counsel of IF staff—not just in times of crisis, but in our ongoing global engagements.”
He emphasized that the division’s deep expertise, research excellence, and global relationships continue to make it a cornerstone of the Federal Reserve’s ability to navigate the complexities of the international economy.
@ Newshounds News™
Source: FederalReserve.gov
Live on Youtube: Link
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BRICS: Morgan Stanley Bets the US Dollar To Decline
The DXY index, which tracks the performance of the US dollar, has failed to sustain levels above 100 for over two months. The greenback continues to slide back to the 98–99 range every time it reaches the 100 mark. In contrast, local currencies are gaining momentum, outperforming the USD.
With BRICS currencies surging and the global financial tide shifting, Morgan Stanley has issued a stark warning: the US dollar is poised for further decline.
Morgan Stanley Forecasts a 9% Drop in the Dollar
As BRICS intensifies efforts to de-dollarize, Morgan Stanley predicts that the US dollar could fall by another 9%, possibly dipping back to levels last seen during the COVID-19 crisis. The bank's analysts foresee the DXY index dropping to 91, a level not touched in five years, despite global markets largely recovering from pandemic disruptions.
In their latest strategy note, Morgan Stanley wrote that the 10-year Treasury yields could also fall to 4% by year-end, reinforcing the notion that investors are moving away from U.S. assets.
“The outlook for the US dollar is questionable as de-dollarization soars among BRICS nations,” the report stated.
Currency traders are increasingly exploring local currencies as alternatives to the USD, especially as the greenback’s performance continues to lag. On just one recent Monday trading session, the USD dropped 0.51 points, remaining in the red from the opening bell.
Dollar Under Pressure as Global Sentiment Shifts
So far this year, the US dollar is down nearly 9%, even hitting a 12% loss in April following Trump’s "Liberation Day" tariffs. At the time, Morgan Stanley cautioned that BRICS could capitalize on these developments to further the de-dollarization agenda.
It’s not just BRICS members gaining ground. The euro, Chinese yuan, Japanese yen, and Indian rupee are all rising to challenge the greenback’s dominance.
“We think rates and currency markets have embarked on sizeable trends that will be sustained — taking the US dollar much lower and yield curves much steeper — after two years of swing trading within wide ranges,” said Morgan Stanley.
Euro, BRICS Currencies Gain Ground
In June, the Swiss franc, euro, and India’s rupee emerged as the biggest winners against the US dollar. Morgan Stanley strategists anticipate these rival currencies will continue outperforming the USD amid growing global discontent over U.S. tariffs and trade wars.
They project the euro could hit 1.25 by next year, rising from its current 1.13 level. This shift would signify a substantial blow to the USD and a strategic win for the BRICS bloc, which aims to redistribute global power from the West to the East.
Conclusion: Urgency for the White House and Fed
The BRICS alliance is gaining traction as demand for local currencies climbs, while the US dollar continues to weaken. Morgan Stanley's forecast is a wake-up call:
“The White House must take immediate steps to stop the USD’s erosion or fall prey to the de-dollarization agenda.”
This is no longer a theoretical concern. If current trends hold, the next decade could look very different, with the USD no longer holding global supremacy. The Federal Reserve and U.S. policymakers must act quickly to address these shifting dynamics—or risk watching the dollar’s era of dominance fade.
@ Newshounds News™
Source: Watcher.Guru
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Economist’s “News and Views” 6-2-2025
Gold's Ultimate Safe-Haven Status Becomes Obvious
Mike Maloney & Alan Hibbard: 6-2-2025
The gold price is currently $3373, the silver price is now $34.24 Are we witnessing the final—and most explosive—stage of the gold bull market?
In this powerful episode, Mike Maloney and Alan Hibbard expose the seismic shift happening in global finance. As the dollar, stocks, and bonds falter simultaneously—a rare phenomenon last seen in the 1970s—gold is surging to new heights.
Gold's Ultimate Safe-Haven Status Becomes Obvious
Mike Maloney & Alan Hibbard: 6-2-2025
The gold price is currently $3373, the silver price is now $34.24 Are we witnessing the final—and most explosive—stage of the gold bull market?
In this powerful episode, Mike Maloney and Alan Hibbard expose the seismic shift happening in global finance. As the dollar, stocks, and bonds falter simultaneously—a rare phenomenon last seen in the 1970s—gold is surging to new heights.
They dive into data, charts, and historical comparisons that show why gold is reclaiming its throne as the world’s ultimate safe-haven asset.
Discover:
Why investors worldwide are abandoning fiat currencies
How today’s economic chaos mirrors the 1970s gold explosion
Four solid reasons to own gold NOW
How central bank demand is building a rising floor under gold prices
Plus, get Mike’s take on tariffs, trade wars, and why these policies might plunge us into stagflation or worse.
$100 Billion ‘Ghost Field’ Discovery Could Power America for 30,000 Years
It has the potential to drive down energy cost here in the United States and rebuild manufacturing,” says financial journalist and research economist Garrett Baldwin.
In an eye-opening interview with Daniela Cambone, Baldwin reveals a groundbreaking energy development powered by Enhanced Geothermal Systems (EGS), a technology with the power to transform the U.S. energy grid.
According to Baldwin, unlike solar and wind, EGS taps into the Earth's virtually unlimited heat, providing 24/7, clean, base-load power—and it’s already happening on U.S. public land.
“I looked at this story out in Utah… I’d never seen anything like it before.”
They Just Revealed Their Plan to Deal with the Debt Crisis
Heresy Financial: 6-2-2025
TIMECODES
00:00 The Promise of Fiscal Change (and the Disappointment)
00:28 The Debt Is Growing—Here’s the Real Plan
01:35 The 4 Ways a Country Deals with Debt
01:46 Option 1: Inflation (And Its Dangers)
02:48 Option 2: Austerity Explained
03:45 Can the U.S. Really Cut Back?
05:19 Option 3: Default (Why It Won’t Happen)
06:43 Option 4: Growth (The Current Strategy)
07:41 Does Tax Cuts = Economic Growth?
08:58 Growth Needs More Than Just Tax Cuts
09:42 Deregulation, Innovation & Government Interference
11:02 The Hidden Cost: Inflation Still Hits Hard
11:51 How to Prepare for What’s Coming (Black Swan CTA)
12:04 Final Thoughts
Seeds of Wisdom RV and Economic Updates Monday Morning 6-2-25
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Stablecoin Market Capitalization Surpasses $250 Billion Amid Accelerating Regulatory Momentum
The stablecoin market has officially crossed the $250 billion milestone, marking a pivotal moment in the evolution of crypto-finance. Analysts attribute this surge to a combination of regulatory clarity and growing adoption of decentralized finance (DeFi) applications.
“Crossing $250 billion marks a turning point,” said Hank Huang, CEO of Kronos Research. “Stablecoins are no longer experimental, they’re essential.”
Good Morning Dinar Recaps,
Stablecoin Market Capitalization Surpasses $250 Billion Amid Accelerating Regulatory Momentum
The stablecoin market has officially crossed the $250 billion milestone, marking a pivotal moment in the evolution of crypto-finance. Analysts attribute this surge to a combination of regulatory clarity and growing adoption of decentralized finance (DeFi) applications.
“Crossing $250 billion marks a turning point,” said Hank Huang, CEO of Kronos Research. “Stablecoins are no longer experimental, they’re essential.”
According to CoinGecko, the total stablecoin market cap currently stands at $250.3 billion, with $245.5 billion of that backed by U.S. dollar-pegged stablecoins. Among these, Tether’s USDT leads with over $153 billion in market cap, followed by Circle’s USDC at $60.9 billion.
What’s Fueling Stablecoin Growth?
Two primary forces are behind this momentum: regulatory progress and the rapid expansion of DeFi.
The GENIUS Act—short for Guiding and Establishing National Innovation for U.S. Stablecoins Act—recently advanced in the U.S. Senate with backing from President Donald Trump. This legislation aims to provide a clear legal framework for dollar-pegged stablecoins, requiring:
Full reserves backed by U.S. dollars or highly liquid assets
Annual audits for issuers with more than $50 billion in market cap
Oversight and inclusion of foreign issuers
Shortly after, Hong Kong passed its own stablecoin bill on May 21, introducing a licensing regime for fiat-backed stablecoin issuers seeking regional access.
This global regulatory clarity has opened the door for traditional finance (TradFi) institutions to join the stablecoin space. A group involving JPMorgan, Bank of America, CitiGroup, and Wells Fargo is reportedly in discussions to launch a joint stablecoin project.
DeFi’s Role in the Rise of Stablecoins
Meanwhile, the DeFi sector has continued its ascent since 2024, thanks to the growing appeal of DEXs, cross-chain trading, staking, and other applications. According to DefiLlama, DeFi currently holds over $113.17 billion in Total Value Locked (TVL).
Just last month, DEXs captured 25% of all global spot trade volume, a record share compared to centralized exchanges. This is a “clear paradigm shift from centralized to decentralized,” said Hashed CEO Simon Kim.
What Lies Ahead for Stablecoins?
Looking forward, Kronos Research CEO Huang believes the stablecoin market could double in size by 2026. The issuer landscape may soon expand beyond USDT and USDC, making room for Trump-aligned USD1 and potential bank-issued tokens.
The path ahead is shaping up to be one of innovation, mainstream integration, and regulatory legitimacy, setting the stage for stablecoins to play a foundational role in the next chapter of the global financial system.
@ Newshounds News™
Source: The Block
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What Happens If BRICS Currency Succeeds?
The BRICS alliance is preparing to launch a new currency in an effort to shift away from the US dollar-dominated financial system. As emerging economies adopt a more self-first stance—much like Trump’s "America First" policy—they are placing their own currencies and economic priorities ahead of global dependency on Western financial structures.
These nations are growing increasingly skeptical of the recklessness of US foreign policy, and a successful BRICS currency could become the ultimate act of economic self-determination.
Here’s What Will Happen If BRICS Currency Becomes a Success
If a BRICS-backed currency launches and gains global acceptance, the financial world we know today could be relegated to history. While the US dollar would not go down without a fight, a coordinated effort by developing nations to abandon it could leave the White House and the Federal Reserve with few options—either comply with a new economic order or risk global irrelevance.
A multipolar world would likely emerge, led by an alternative financial ecosystem distinct from the IMF, SWIFT, and other Western-controlled institutions. Countries historically sanctioned by the US could find new lifelines in trade, leading to economic revival and political realignment.
Consequences for the US Dollar
Should the BRICS currency succeed, the US dollar would weaken, particularly in the foreign exchange (forex) markets. A weaker USD would likely fuel domestic inflation, as the Federal Reserve struggles to export demand for the dollar abroad. Moreover, the US government’s leverage to impose economic sanctions would diminish dramatically, eroding its global influence over trade and finance.
In essence, the rise of a BRICS currency would signal the decline of dollar hegemony and the beginning of a new era in global economics.
@ Newshounds News™
Source: Watcher.Guru
~~~~~~~~~
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Turbulent Times Ahead as US Dollar Gets Ditched
Turbulent Times Ahead as US Dollar Gets Ditched
Liberty and Finance: 5-31-2025
The global financial landscape is undergoing a profound transformation, and according to Mario Innecco, a keen observer of market forces, it’s time to batten down the hatches.
In a recent interview with Liberty and Finance, Innecco painted a picture of a world moving away from dollar dominance, grappling with inflation, and facing potential market instability, urging individuals to seek shelter in precious metals and financial independence.
Turbulent Times Ahead as US Dollar Gets Ditched
Liberty and Finance: 5-31-2025
The global financial landscape is undergoing a profound transformation, and according to Mario Innecco, a keen observer of market forces, it’s time to batten down the hatches.
In a recent interview with Liberty and Finance, Innecco painted a picture of a world moving away from dollar dominance, grappling with inflation, and facing potential market instability, urging individuals to seek shelter in precious metals and financial independence.
One of the key drivers of this shift, according to Innecco, is China’s decision to allow insurance companies to invest their portfolios in gold. He sees this as more than just a localized policy change; it’s a symptom of a larger, global trend of nations diversifying away from the U.S. dollar.
This move, coupled with other nations exploring alternative currency arrangements for trade, suggests a weakening of the dollar’s long-held position as the world’s reserve currency.
Innecco points to vulnerabilities in the U.S. bond market as further cause for concern. Rising yields, potentially exacerbated by taxation concerns for foreign investors holding U.S. debt, are flashing warning signs. The allure of U.S. bonds, traditionally seen as a safe haven, may be waning, potentially leading to a decline in demand and further pressure on the dollar.
The core of Innecco’s concern lies in the long-term inflationary pressures created by persistent government spending and loose monetary policy, particularly in the United States.
He argues that these policies are ultimately unsustainable, leading to the potential devaluation of currencies like the dollar. In a world where fiat currencies are being diluted, Innecco believes tangible assets like gold and silver offer a critical buffer against inflation and financial instability.
“Protect yourself,” he urges. His prescription includes accumulating physical gold and silver, not as speculative investments, but as a store of value to preserve purchasing power.
He further emphasizes the importance of financial self-sufficiency, encouraging individuals to take control of their own finances and reduce their dependence on volatile market forces.
Adding another layer of complexity to the equation is the risk posed by the Japanese yen carry trade. Innecco highlights the potential for this practice, where investors borrow in low-interest yen to invest in higher-yielding assets elsewhere, to trigger significant global market disruptions if it unwinds unexpectedly. Such an unwinding could trigger a scramble for yen, impacting currencies and asset prices worldwide.
Innecco’s message is clear: the era of unquestioned dollar dominance is fading, and the economic winds are shifting. While uncertainty looms, individuals can take proactive steps to safeguard their financial futures. By embracing the principles of financial prudence, diversifying into precious metals, and striving for self-sufficiency, individuals can navigate the turbulent waters ahead and emerge on the other side with their wealth and financial well-being intact.
Ultimately, Innecco’s forecast serves as a potent reminder that in a world of evolving economic realities, knowledge, preparedness, and diversification are the cornerstones of financial survival.
News, Rumors and Opinions Sunday 6-1-2025
Gold Telegraph: Some Companies Believe a Monetary Reset is Already Underway
5-31-2025
A trade truce between the United States and China is at risk of falling apart… Why? Elements.
China has been very focused on mining for years and acquiring world-class projects. Now, the world is waking up to the consequences.
I will be on stage in Quebec City next Tuesday. Looking forward to seeing some of you there to discuss the role of gold in this shifting global order.
Gold Telegraph: Some Companies Believe a Monetary Reset is Already Underway
5-31-2025
A trade truce between the United States and China is at risk of falling apart… Why? Elements.
China has been very focused on mining for years and acquiring world-class projects. Now, the world is waking up to the consequences.
I will be on stage in Quebec City next Tuesday. Looking forward to seeing some of you there to discuss the role of gold in this shifting global order.
More and more mining CEOs… leading companies with market caps over $10 billion believe we are on the brink of a monetary reset. Some even argue it’s already underway.
A common theme?
They all recognize one fact:
The flow of gold has been shifting east for years.
More soon.
BREAKING NEWS: THE BANK OF JAPAN’S LONG-TERM GOVERNMENT BOND HOLDINGS FELL FOR THE FIRST TIME IN 16 YEARS AS OF END-MARCH
Where is my circus picture?
Oh there it is:
It’s easy to miss the signals in the noise.
But pay attention:
This week:
• The President of the European Central Bank said the euro could replace the dollar in global trade.
• Germany is pushing to get its gold back from the United States.
This isn’t just noise… Europe is preparing for the future. They are worried that the Federal Reserve won’t provide lifelines if the system starts to crack.
Of course, the euro will never replace the dollar as the world’s reserve currency, but that’s not the point.
The real story is this: America’s closest allies are now openly questioning the dollar’s role, exploring alternatives, and pushing for their own currencies.
Source(s): https://x.com/GoldTelegraph_/status/1928892504683774408
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 IMO the Iraqi dinar is the linchpin. The Iraqi dinar will go first, then the Vietnamese dong and the others will follow suit. A lot of people say, well that's double dipping. So what...It's not going to affect anything. If you're smart enough to double dip then go right ahead and do it. I plan to.
Militia Man What we're hoping is Iraq changes the value of the currency and has no sanctions on it...Iraq is far more further along in her reforms than many probably realize. The data supports that...
The Quiet Coup: BIS Just Rewrote The Global Monetary Rules With One Gold Ruling
Two dollars Investing: 5-31-2025
In this explosive interview, Andy Schectman breaks down how a single gold ruling by the Bank for International Settlements reclassified gold as a Tier 1 reserve asset—putting it on equal footing with the U.S. dollar.
U.S. Dollar Undervalued—Or Just Losing Its Purchasing Power
Lynette Zang: 5-31-2025
Do you know the real difference between intrinsic and fundamental value?
Wall Street’s definition of “intrinsic value” is designed to mislead you—and protect their profits.
In this video, Lynette Zang exposes the truth behind intrinsic value, explains how the U.S. dollar continues to lose purchasing power, and why gold remains the ultimate protection against inflation.
Seeds of Wisdom RV and Economic Updates Sunday Morning 6-1-25
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Ripple Presents XRP, RLUSD to Replace SWIFT’s Outdated Payment System
XRP is powering Ripple’s bold challenge to SWIFT’s outdated payment system, offering blazing-fast, low-cost, and transparent cross-border transactions through blockchain and stablecoin innovation.
Ripple Unveils XRP Solution While SWIFT Struggles With Outdated Payment Rails
Ripple shared in a blog post on May 28 that blockchain technology and the digital asset XRP could resolve many long-standing issues in cross-border payments, especially those linked to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network.
Good Morning Dinar Recaps,
Ripple Presents XRP, RLUSD to Replace SWIFT’s Outdated Payment System
XRP is powering Ripple’s bold challenge to SWIFT’s outdated payment system, offering blazing-fast, low-cost, and transparent cross-border transactions through blockchain and stablecoin innovation.
Ripple Unveils XRP Solution While SWIFT Struggles With Outdated Payment Rails
Ripple shared in a blog post on May 28 that blockchain technology and the digital asset XRP could resolve many long-standing issues in cross-border payments, especially those linked to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network.
The company emphasized the fragility of traditional rails, where outdated systems still rely on manual processes:
“Most cross border payments still rely on manual processes. A typo in an account number, an incorrect SWIFT code or incomplete payment instructions can all cause a transaction to fail.”
“Failed payments don’t just waste time, they also incur costs, create operational headaches and can strain relationships with partners or customers awaiting funds. Reducing manual touchpoints and increasing automation are key to minimizing these risks,” Ripple noted.
Ripple highlighted that these legacy systems, dependent on multiple intermediaries and correspondent banks, suffer from delays, errors, and lack of transparency. Payments often pass through up to five institutions before reaching the recipient—causing uncertainty and racking up fees.
This system, Ripple argued, is incompatible with the demands of modern global commerce. Issues like inconsistent messaging standards, foreign exchange markups, and regulatory complexity add to the inefficiencies and risks of international transactions.
Ripple Payments: A Blockchain-Based Alternative
In response, Ripple introduced its Ripple Payments platform—a blockchain-based system built as a modern, scalable solution to replace SWIFT’s outdated rails.
“Ripple Payments offers a cross-border stablecoin payment solution that is a modern alternative to traditional cross border payment rails,” the company explained.
Ripple’s solution uses XRP and the Ripple USD stablecoin (RLUSD) to enable fast, reliable, and affordable payments across borders. It provides real-time settlement, fee transparency, and lower operational risks, backed by a global payout network covering over 90% of the world’s foreign exchange markets.
While concerns about digital asset regulation remain, Ripple and other blockchain advocates argue that distributed ledger technology (DLT) is key to building a more efficient, inclusive, and future-ready financial infrastructure.
@ Newshounds News™
Source: Bitcoin News
~~~~~~~~~
BRICS, Euro, & Bitcoin: Why US Dollar Opposition Has Never Been Greater
It’s been a challenging year for the United States, marked by rising macroeconomic pressures and geopolitical tension. Now, the future of the US dollar as the global reserve currency appears more uncertain than ever. With BRICS, the euro, and Bitcoin gaining momentum, opposition to the greenback has never been greater.
Euro, Bitcoin, & BRICS: Can the US Dollar Withstand All Three?
The BRICS alliance has made no secret of its ambition to challenge the dollar’s dominance, but it’s not alone in 2025. Bitcoin has emerged as a hedge against fiat volatility, while Europe is asserting the euro’s international potential more forcefully.
US Vice President JD Vanec recently asserted that Bitcoin does not compete with the US dollar. However, that stance was undermined by a report from Standard Chartered Bank, which projected that Bitcoin is poised to grow stronger as confidence in the dollar wanes.
This adds to the growing pressure on the Western currency. With BRICS ramping up de-dollarization, the euro vying for more global relevance, and Bitcoin rising to an all-time high, the challenges facing the dollar have reached a historic level.
Christine Lagarde Eyes Euro’s Global Role
In a recent report, European Central Bank President Christine Lagarde stated that the shifting geopolitical landscape could present the perfect moment for the euro to increase its international influence. She emphasized the opportunity for the euro to become a stronger competitor on the global stage, further eroding the dominance of the greenback.
Meanwhile, the BRICS coalition is continuing its long-term campaign to de-dollarize—favoring local currencies and regional trade. This strategy has only accelerated amid rising tariffs and protectionist policies from the US.
Bitcoin: Catalyst or Competitor?
Perhaps the most intriguing element is the role of Bitcoin. Ironically, the US itself has played a pivotal role in pushing the cryptocurrency to new heights—culminating in a record-breaking price this year. But as Bitcoin's utility and appeal expand, it increasingly stands as a viable alternative to the US dollar, potentially undermining the very currency that helped boost its value.
With BRICS, the euro, and Bitcoin gaining global traction, the US dollar faces a perfect storm of competition unlike anything in recent history.
@ Newshounds News™
Source: Watcher.Guru
~~~~~~~~~
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