#dollarization

“Your bills represent your culture.” 

A silent invasion is underway: while Indians traded $300B in crypto this year, a “stable” asset is quietly threatening the Rupee’s dominance and UPI’s future. The $68 billion question isn’t just about savings—it’s about who really controls your money. Discover the hidden trap before the next Terra-style collapse strikes. What if the very technology promising to revolutionize your cross-border…

Economy Materials 3 October 2025 19:30 (UTC +04:00) Dollarization in Azerbaijan’s banking sector loan portfolio dropped to a historic low of about 15 percent in the first half of 2025. Access to paid information is limited If You already have a account, please log in Subscription to paid content Gain access to all that Trend has to offer, as well as to premium, licensed content via…

In a lawsuit filed by a Nigerian human rights activist, the country’s central bank is accused of failing to stop the dollarization of the economy. According to the activist, the central bank’s unwillingness to stop economic agents from demanding U.S. dollars for domestic transactions has “resulted in the constant devaluation, depreciation and unending plunge of the naira.” Nigeria’s Foreign…

Economics Nobel laureate Paul Krugman recently stated that Argentina might be better off adopting the euro instead of the U.S. dollar amidst the devaluation of the Argentine peso. Krugman argued that Argentina has almost twice as much trade with the European Union as it does with the U.S., stating that the euro would suit them better. Nobel Laureate Paul Krugman Talks Dollarization in…

Javier Milei, a libertarian politician, won the Argentine primaries with more than 30% of the total vote, causing experts to weigh in on the dollarization plans he has vowed to apply. Milei’s government plan contemplates reducing the political apparatus in Argentina and axing the central bank, which would be closed after the dollarization process. Javier Milei Wins Argentine Primaries Sparking…