Eleven countries are set to stop using the dollar for transactions by 2025, marking a significant shift in global finance. Led by Russia and joined by nations like Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Tajikistan, Turkmenistan, Uzbekistan, and Ukraine, this move aims to strengthen their economies and decrease U.S. influence. From Armenia’s pursuit of financial independence to Azerbaijan’s control over oil wealth and Russia’s bid to undermine dollar dominance, discover how these changes could reshape the global economy and introduce a new era of economic multipolarity.
