BRICS Nations Accelerate De-Dollarization Efforts

BRICS countries are actively reducing their US dollar reserves, which have decreased from 58.2% in 2024 to 56.92% in early 2026, signaling a significant shift towards de-dollarization. According to NS3.AI, central banks, led by BRICS, have purchased over 1,100 tons of gold in 2025, marking the largest increase in 70 years and challenging the dominance of the US dollar. As BRICS diversify into gold and local currencies, the US dollar's status as the world's primary reserve currency faces increasing threats.