The most plausible long-term outcome is not a sudden collapse of dollar dominance, but rather the emergence of a more fragmented and regionally differentiated financial architecture.
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Dollar Dominance and Competing Currencies
Fragmentation, digital innovation and the global monetary system to 2050
Key Insights
What is the future of dollar dominance? This report argues the dollar will not be displaced despite geopolitical tensions and digital innovation, due to its structural and infrastructural advantages. Instead, the system is becoming more fragmented and multipolar. By 2050, the dollar remains central but but no longer uncontested.
Written by Kristina Abashidze
29 April 2026 · 16:37 CETUpdated 21 June 2026 · 18:01 CETIssue II
Cite this brief
Abashidze, K. (2026). Dollar Dominance and Competing Currencies. EPIS Insight · International Economic Relations.
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