US Dollar Still Accounts for the Majority of Global Reserves & Trade
The US dollar is currently in the middle of a rapid change. There are speculations of the world ditching the US dollar for good, but the recent stats have a different story to tell. These statistics have shown how the US dollar is unbeatable, and the criticism of the dollar via rising de-dollarization drives has only made it stronger. Despite facing multiple challenges, a new data analysis tells that the US dollar is still the most dominant currency in the world, beating its competitors in an ever more dramatic way.
Also Read: De-Dollarization in Africa Is Failing as Public Wants the US Dollar
The US Dollar Is Still The Reigning Currency King
The US dollar is currently being heavily challenged by its competitors. But the USD peers will have to double their efforts to truly derail the USD. A recent data report shared by the Kobeissi Letter confirms how the dollar remains undefeated despite the challenges that the currency has encountered in recent times.
Per the latest SWIFT data, the USD’s share in global payments is now at its highest in 13 years, stable at 48%. Moreover, the aforementioned percentage is twice the euro, as well as 16% higher than the Chinese yuan.
“The USD remains the most dominant global currency. The US dollar’s share of global payments is now at 48%, the highest in 13 years, according to SWIFT data. This percentage is TWICE as large as the euro and 16 times higher than the Chinese yuan.”
What About USD’s Foreign Reserve Presence?
While the speculations have been running amok, promoting how the world is dumping the USD for good, the new stats have a different story to tell and portray. The SWIFT data further states how the share of the US dollar is involved in nearly 88% of foreign reserves. In addition to this, USD now accounts for 58% of global exchange reserves, beating the Euro and the Yuan away from the process. Leading the change further, USD also accounts for 47% of cross-border payments, solidifying its supremacy in the space.
“The USD is also involved in 88% of all foreign exchange (FX) transactions globally. Making it the most liquid and accessible currency in the world. Furthermore, USD now accounts for ~58% of all FX reserves, nearly TRIPLE the Euro and gold. The US dollar also accounts for 47% of cross-border lending, far above the euro’s 30%. The dollar’s supremacy remains unchallenged.”
The US Dollar remains the most dominant global currency:
— The Kobeissi Letter (@KobeissiLetter) July 14, 2025
The US Dollar's share of global payments is now at 48%, the highest in 13 years, according to SWIFT data.
This percentage is TWICE as large as the Euro and 16 times higher than the Chinese Yuan.
The US Dollar is also… pic.twitter.com/Upel5JnlGS
Also Read: 2 Ways Countries Are Quietly Breaking Up With the US Dollar
Read More
US Dollar Still Accounts for the Majority of Global Reserves & Trade
The US dollar is currently in the middle of a rapid change. There are speculations of the world ditching the US dollar for good, but the recent stats have a different story to tell. These statistics have shown how the US dollar is unbeatable, and the criticism of the dollar via rising de-dollarization drives has only made it stronger. Despite facing multiple challenges, a new data analysis tells that the US dollar is still the most dominant currency in the world, beating its competitors in an ever more dramatic way.
Also Read: De-Dollarization in Africa Is Failing as Public Wants the US Dollar
The US Dollar Is Still The Reigning Currency King
The US dollar is currently being heavily challenged by its competitors. But the USD peers will have to double their efforts to truly derail the USD. A recent data report shared by the Kobeissi Letter confirms how the dollar remains undefeated despite the challenges that the currency has encountered in recent times.
Per the latest SWIFT data, the USD’s share in global payments is now at its highest in 13 years, stable at 48%. Moreover, the aforementioned percentage is twice the euro, as well as 16% higher than the Chinese yuan.
“The USD remains the most dominant global currency. The US dollar’s share of global payments is now at 48%, the highest in 13 years, according to SWIFT data. This percentage is TWICE as large as the euro and 16 times higher than the Chinese yuan.”
What About USD’s Foreign Reserve Presence?
While the speculations have been running amok, promoting how the world is dumping the USD for good, the new stats have a different story to tell and portray. The SWIFT data further states how the share of the US dollar is involved in nearly 88% of foreign reserves. In addition to this, USD now accounts for 58% of global exchange reserves, beating the Euro and the Yuan away from the process. Leading the change further, USD also accounts for 47% of cross-border payments, solidifying its supremacy in the space.
“The USD is also involved in 88% of all foreign exchange (FX) transactions globally. Making it the most liquid and accessible currency in the world. Furthermore, USD now accounts for ~58% of all FX reserves, nearly TRIPLE the Euro and gold. The US dollar also accounts for 47% of cross-border lending, far above the euro’s 30%. The dollar’s supremacy remains unchallenged.”
The US Dollar remains the most dominant global currency:
— The Kobeissi Letter (@KobeissiLetter) July 14, 2025
The US Dollar's share of global payments is now at 48%, the highest in 13 years, according to SWIFT data.
This percentage is TWICE as large as the Euro and 16 times higher than the Chinese Yuan.
The US Dollar is also… pic.twitter.com/Upel5JnlGS
Also Read: 2 Ways Countries Are Quietly Breaking Up With the US Dollar
Read More