:max_bytes(150000):strip_icc()/GettyImages-1386836139-67089e6213cd4d568974ee516917744f.jpg)
What Is Dollar Weaponization and How Has It Sped Up De-Dollarization?
“Dollar weaponization” refers to the expanding use of America’s currency dominance—trade settlement, access to the Federal Reserve’s clearing system, SWIFT messaging, and New York–jurisdiction settlement—to coerce foreign actors through sanctions, asset …