Dedollarization

 22 April 2026

 Karin Arcuschin on X: "🇷🇺🇨🇳 | Rusia y China han formalizado la ruptura definitiva con el sistema financiero del dólar, consolidando un ecosistema de pagos donde el 100% de sus transacciones bilaterales se ejecutan ahora en rublos y yuanes. Este giro estratégico, impulsado por la integración de los https://t.co/jLELI8GVTL" / X   | Russia and China have formalized their definitive break with the dollar-based financial system, consolidating a payments ecosystem where 100% of their bilateral transactions are now executed in rubles and yuan.

This strategic shift, driven by the integration of the CIPS and SPFS systems, represents the most forceful challenge to the hegemony of the greenback in decades. By eliminating the risk of freezes by Washington, both powers have shielded their energy and high-tech sectors, creating a monetary free trade zone that operates entirely beyond the reach of Western financial infrastructure.

This de-dollarization process is no mere symbolic gesture; it has transformed the architecture of global capital by forcing commodities markets to recalibrate their prices in alternative currencies. Although the transition has generated a critical dependence on Beijing's liquidity and has intensified U.S. Treasury scrutiny through secondary sanctions, the success of this "closed circuit" is incentivizing other BRICS nations to follow the same path. We are witnessing the birth of a bipolar financial system that marks the end of the dollar standard era as the sole universal language of trade.

Source: Cross-Border Settlement Bulletin (CIPS) and Balance of Payments Data from the Central Bank of Russia (April 2026). 10:46PM 22 April 2026