2026-01-05 16:22:35

The global foreign exchange reserve landscape is quietly changing. According to the latest Q3 2025 data released by the IMF, the US dollar's share in global foreign exchange reserves has fallen to 56.32%, hitting a 30-year low. More notably, this marks the 11th consecutive quarter that the dollar's share has been below 60%—this is not a temporary fluctuation but the result of collective actions by central banks.

The logic behind the data is clear. When national power is used as a tool to suppress dissent, the currency issued by that country begins to lose international confidence. A recent series of cross-border arrests fundamentally undermines the foundation of the US dollar as the global reserve currency—trust.

Looking at the actual actions of various countries makes this even clearer. China reduced its US debt holdings by $11.8 billion in a single month, bringing its holdings back to 2008 levels. Canada was even more aggressive, offloading $56.7 billion in a single month. These are not small figures and reflect a global central bank reassessment of the dollar's prospects—just as no one in the crypto market is willing to hold risky assets anymore.

Once trust collapses, it is very difficult to rebuild. Today, assets can be frozen under vague charges against Country A; tomorrow, reserves of Country B might be frozen, and the day after, even threaten Country C's dollar holdings. Against this backdrop, decentralized, non-frozen asset forms are beginning to attract increasing attention. This is precisely the opportunity for crypto assets in the current global financial landscape—but opportunities often come with risks, and participants need to evaluate carefully.

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BlockchainFries

· 01-07 23:23

Is the US dollar hegemony coming to an end? It has fallen below 60% for 11 consecutive quarters, this data is indeed astonishing. --- Central banks around the world are fleeing from the US dollar. I understand this move. --- Using the asset freeze tactic too many times has shattered trust. --- Is decentralized assets really the only way out? How to assess the risk? --- 118 billion, 567 billion... these numbers say everything; central banks are betting on the dollar to fall. --- It feels like the landscape is changing, but only a few dare to go all-in on crypto. --- When the US dollar loses credibility, assets like BTC become even more valuable. --- "Cannot be frozen"... this phrase hits the point exactly. --- Central banks are dumping US bonds, so what are retail investors still hesitating about?

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BlockchainGriller

· 01-07 13:47

The days of the US dollar are indeed tough. --- 11 consecutive quarters below 60%, this data is interesting. What does it mean? --- Haha, even central banks are quietly fleeing, and you can't really blame them. --- Freezing assets has really damaged trust; no wonder everyone is starting to favor on-chain assets. --- Canada sold 56.7 billion in one go? They're serious about this. --- But on the other hand, decentralization sounds appealing, but the risks are real. You need to think carefully before playing. --- US debt has returned to 2008 levels. It seems some old major powers are starting to shift. --- Isn't this the very reason BTC exists? Finally, someone sees it clearly. --- Instrumentalizing power means a breakdown of trust—Economics 101. --- Looking at the actions of various central banks, it's clear that no one wants to be unilaterally frozen.

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mev_me_maybe

· 01-06 08:45

11 consecutive quarters? The US dollar is really falling behind now. Huge sell-off of $56.7 billion in US bonds? Are these central banks collectively bottoming out, or are they truly panicking? Trust is such a fragile thing; once it shatters, it's game over. There are plenty of opportunities in decentralized assets right now, but the risks need to be carefully considered. The proportion of US dollar reserves has dropped to 56%, how weak must one feel to reach this point? Central banks around the world are moving simultaneously, which says a lot. How high can crypto rise in this wave of change? I'm a bit excited. Once the issue of freezing assets is addressed, global central banks will start considering Plan B. Where should the money flow to be the safest? This is truly a big problem. The dominance of the US dollar is loosening, but we haven't seen a complete replacement yet.

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LiquidationWizard

· 01-05 16:52

The dominance of the US dollar is really coming to an end, finally waiting for this day The speed of dumping US bonds is like a race, who still wants to be threatened by frozen assets? But on the other hand, decentralization sounds appealing, and the real implementation depends on how each country promotes it.

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GamefiHarvester

· 01-05 16:52

Dollar hegemony is really starting to falter. What does this wave of collective action by central banks around the world indicate? People have finally awakened. Falling below 60 for 11 consecutive quarters, this data speaks loudly and is irreversible, brothers. I just want to know if the real opportunity has arrived. Do you dare to take it? China reducing holdings, Canada dumping aggressively—aren't they betting on decentralization? Although the words can't be taken as gospel... Freezing assets is really not something we can afford to play with. Decentralization is an inevitable trend, but the question is how to control the risks?

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ProofOfNothing

· 01-05 16:52

Dollar dominance is really gradually loosening, and speaking of which, the central banks' recent moves are quite aggressive.

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ruggedNotShrugged

· 01-05 16:51

Is the US dollar finished? Well... this time might really be different. Trust is something that, once lost, can't be regained, just like a lost coin. Cryptocurrency is the way out, at least no one can freeze your private keys. Central banks around the world are racing, we need to keep up with the pace. That said, decentralization sounds great, but the risks are not small. Think carefully before entering.

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MetadataExplorer

· 01-05 16:49

Dollar hegemony is really loosening, these data truly can't be faked 11 consecutive quarters below 60%, central banks are voting with their feet Decentralized assets are indeed the chosen one at this moment, but let's not get too carried away Trust is shattered, hard assets are the real deal Crypto still needs to be viewed long-term, no need to panic over short-term fluctuations Central banks are reducing holdings, is it really outrageous for retail investors to follow the trend and buy BTC? Not outrageous We already saw signals before the collapse of US debt, bonds This is the true paradigm shift, everyone

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SleepTrader

· 01-05 16:45

Is the US dollar hegemony coming to an end? It has broken 60% for 11 consecutive quarters. This time, it's really unsustainable. This move was indeed too aggressive. Using frozen assets as a tool, don't blame central banks worldwide for fleeing. The same principle applies to crypto: once trust collapses, it's gone and can't be recovered.

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