Various press reports have suggested that the US dollar (USD) status as the world’s reserve currency is at risk. While concerns around the long-term dominance of the USD are valid, it is equally important to recognize the significant structural and institutional barriers that prevent other currencies from replacing it as the global reserve currency: the Chinese yuan (CNY), Japanese yen (JPY), euro (EUR), gold, and digital assets are often cited contenders. None are viable replacements. Click below to read why.
https://www.tcw.com/Insights/2025/2025-04-23-TheBuckDoesntStopHere?