Financial institutions and specialists are expressing concerns about the stability of the US dollar in its role as a reserve currency by 2025. This follows a survey by Reuters where 33% of 69 global monetary policy experts expressed doubts about the dollar's dominance amid market volatility.
Furthermore, BlackRock's CEO, Larry Fink, has voiced concerns in his annual letter, suggesting that if Bitcoin becomes a protected investment, it could challenge the dollar's status as a global reserve currency.
Despite these concerns, some analysts believe the dollar's reserve currency status is not immediately threatened. Bank of America analysts anticipate the dollar's continued strength through 2025, though this is based on revised forecasts after the US elections.
These developments highlight the uncertainty surrounding the US dollar's future, particularly given the impact of various factors on the global economy. It is crucial for investors to monitor these shifts in global economic and financial institutions.