【ChainWen】How stable is the US dollar’s position on the international financial stage? The latest data provides an answer.
According to the latest statistics released by SWIFT, the Society for Worldwide Interbank Financial Telecommunication, the US dollar’s share of international transactions in December rose to 50.5%, an increase of 3.7 percentage points month-on-month. What does this number mean? It is the highest record since SWIFT revised its data collection method in 2023.
How are other major reserve currencies performing? Following the US dollar is the euro, accounting for about 22%; further down the list are the British pound, Canadian dollar, Japanese yen, and Chinese yuan. How big is the gap? The US dollar’s share is even greater than the combined total of the next three largest currencies.
Interestingly, amid ongoing uncertainty surrounding US presidential policies, the dollar’s dominant position has become even more solid. JPMorgan strategists’ views are worth noting: the dollar not only dominates foreign exchange trading but is also the absolute mainstay of international currency usage. However, at the same time, central banks around the world are increasing their gold holdings in their reserve asset allocations for 2025—this signals that beneath the surface of dollar stability, global central banks are engaging in a subtle asset rebalancing.
For cryptocurrency investors, this change is worth pondering: what does a strengthening dollar mean? And what signals are being conveyed behind the increased gold holdings?
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MevTears
· 01-22 02:27
50.5%? That's almost more than all the remaining currencies combined. The level of monopoly the US dollar has is truly outrageous.
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DegenWhisperer
· 01-22 02:25
50.5% ah, the US dollar is really stable, feels like there's nothing that can shake it
Wait, this data only starts from 2023? Was it higher before...
Although policies are uncertain, the dollar is still rising. Is it just the safe-haven effect?
The euro is only 22%, this gap is really outrageous, no wonder everyone has to use the dollar
Speaking of the renminbi ranking so low, when will it break through?
Systemic risk comes, and everyone runs to the dollar, the pattern
This is the ultimate moat of the US empire, the printing press is forever the god
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GasFeePhobia
· 01-22 02:19
50.5%?Is that real? Is the US dollar that outrageous... It feels like other currencies have no chance at all
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Wait, isn't policy uncertainty actually more stable? Is this a satire or have all countries really become timid
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Only 22% for the euro is a bit sad, what about the RMB? Is there no figure at all
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What Morgan Stanley said... Do you believe it? I'm just listening
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The US dollar dominates alone, and the combined total of the three major currencies isn't even more than it? Who set these game rules
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No way, why are all these high risks still flowing into the dollar, terrifying
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SWIFT's data has been modified, so this record might not be that convincing
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StablecoinSkeptic
· 01-22 02:16
50.5%? That's a pretty impressive figure. It seems that the US dollar's iron-fisted dominance won't be shaken in the short term.
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Wait, isn't the US dollar still rising in this context? Feels like the market is placing bets.
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Euro only 22%. Such a big gap is really outrageous... By the way, when will the RMB break through?
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Does uncertainty actually make the US dollar more stable? I don't quite understand this logic. Is the risk-averse sentiment so strong?
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JPMorgan still carries weight, but how long can these figures be sustained?
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Together, they still don't surpass the US dollar's share? This pattern is truly remarkable. It seems other currencies will find it hard to turn things around in their lifetime.
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Wait, is this data from December? What about now? We need to check the latest figures.
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liquiditea_sipper
· 01-22 02:13
50.5% this number is really impressive, but it still feels like you can't escape the grasp of the US
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Euro only 22%, such a big gap... I bet my five yuan share is still being suppressed
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Uncertainty actually makes the US dollar more stable? That's ridiculous, risk assets are all flowing into the dollar
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Can SWIFT data be trusted? This statistical method itself is... never mind, anyway, the US dollar rules
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The combined total of the three major currencies is less than the US dollar, this pattern is really hard to shake
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The Federal Reserve's policies are so chaotic, the dollar is becoming more and more valuable, what kind of absurd physics is this
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So holding US dollars now is a guaranteed win? Feels a bit too good to be true
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pvt_key_collector
· 01-22 02:11
The number of USD looks really impressive, but honestly, how long can this last?
There's no other way now; the whole world has to settle in USD. What else can we do?
50.5% directly crushes other currencies, this is true financial dominance.
Subjectively, when the Federal Reserve moves, the whole world trembles—that's the reality.
The USD's position is ridiculously stable; no wonder countries are stockpiling US debt... But is this really healthy in the long run?
By the way, the euro is only 22%. Is the gap really that big? It didn't seem so exaggerated before.
Suddenly I realize, if the USD weren't so strong, crypto wouldn't have a chance to challenge.
Is the US dollar dominance secure? SWIFT data reveals the international monetary landscape in 2025
【ChainWen】How stable is the US dollar’s position on the international financial stage? The latest data provides an answer.
According to the latest statistics released by SWIFT, the Society for Worldwide Interbank Financial Telecommunication, the US dollar’s share of international transactions in December rose to 50.5%, an increase of 3.7 percentage points month-on-month. What does this number mean? It is the highest record since SWIFT revised its data collection method in 2023.
How are other major reserve currencies performing? Following the US dollar is the euro, accounting for about 22%; further down the list are the British pound, Canadian dollar, Japanese yen, and Chinese yuan. How big is the gap? The US dollar’s share is even greater than the combined total of the next three largest currencies.
Interestingly, amid ongoing uncertainty surrounding US presidential policies, the dollar’s dominant position has become even more solid. JPMorgan strategists’ views are worth noting: the dollar not only dominates foreign exchange trading but is also the absolute mainstay of international currency usage. However, at the same time, central banks around the world are increasing their gold holdings in their reserve asset allocations for 2025—this signals that beneath the surface of dollar stability, global central banks are engaging in a subtle asset rebalancing.
For cryptocurrency investors, this change is worth pondering: what does a strengthening dollar mean? And what signals are being conveyed behind the increased gold holdings?