ASEAN

As nearly 20 countries plan to move away from the USD in 2024, the global financial landscape braces for a seismic shift. The initiative led by BRICS and joined by ASEAN and other regions challenges the long-standing dominance of the dollar. While immediate demise of USD influence is unlikely, the movement towards a more multipolar economic order indicates a growing discontent with USD's supremacy and a quest for a more democratic global economic system.