BRICS+ De-Dollarization: Mapping the Structural Shift in Global Reserves

The unipolar moment of the US Dollar as the undisputed global reserve currency is transitioning toward a multipolar arrangement. This "Geopolitical Pivot" is not merely rhetorical—it is being coded into the infrastructure of global finance.

The Rise of mBridge

Projects like mBridge (Multiple CBDC Bridge) are enabling real-time, peer-to-peer settlement between central banks outside the SWIFT system. Our tracker monitors the throughput of these parallel systems.

Gold as the Neutral Reserve

Nations like Russia and China have systematically reduced their UST holdings in favor of physical gold. This shift is a defense mechanism against the "weaponization" of the financial system.

India's Strategic Autonomy

India continues to play a balancing act, participating in BRICS+ initiatives while maintaining deep ties to Western capital markets. Our "Geopolitical Influence Map" visualizes this strategic positioning.

Source: IMF COFER, BIS, GraphiQuestor Analytics.