De-dollarization is undeniable, and the debate about the greenback's dominance is heating up. Here's what Elon Musk, Ray Dalio, Chamath Palihapitiya and 7 others are saying.

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US dollar

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A bitcoin thief who stole $5 million of the crypto and posed in a dollar-filled bathtub is sentenced to 4 years in prison

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Gary Harman
Gary Harmon posing in a bathtub of dollar bills.

US District Court for the District of Columbia/Bloomberg

Argentina will pay for Chinese imports in yuan instead of dollars to preserve its shrinking greenback reserves

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Argentina will pay for its Chinese imports in yuan instead of dollars to protect its greenback reserves.

Reuters/Petar Kujundzic

What is de-dollarization? Here's everything you need to know about rival countries' efforts to dethrone the greenback

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China and Russia have spearheaded the de-dollarization movement over the past year.

Kim Kyung-Hoon/Reuters

Elon Musk warns against weaponizing currencies as the de-dollarization movement takes hold

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A man holds up dollar bills in a money exchange office in Istanbul, Turkey.
A man holds up dollar bills in a money exchange office in Istanbul, Turkey.

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Zimbabwe is bringing in a gold-backed digital currency with its own dollar ravaged by inflation

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People queue to withdraw money from a bank as Zimbabwe introduces new currency in Harare, Zimbabwe, November 12, 2019.
People queueing to withdraw money from a bank in Zimbabwe in November 2019.

Philimon Bulawayo/Reuters

China wants the dollar's dominance to fade - and the US should defend its reserve currency status, Biden nominee says

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Dollar vs. Yuan
The US should defend the dollar's reserve status by raising the debt ceiling, according to Biden nominee Jared Bernstein.

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FTX could relaunch - and one of its former VC backers may lead a $250 million funding round to revive the failed exchange, report says

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The logo of FTX is seen at the entrance of the FTX Arena in Miami, Florida, U.S., November 12, 2022.
The logo of FTX at the entrance of the FTX Arena in Miami, Florida.

Marco Bello/Reuters

Sanctions against Russia could hurt the US dollar as countries like Iran and China seek alternative currencies for trade: Treasury Secretary Janet Yellen

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Treasury Secretary Janet Yellen.
Sanctions against Russia could hurt the US dollar as countries like Iran and China seek alternative currencies for trade: Treasury Secretary Janet Yellen.

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Ether surges past $2,000 and hits highest level since May after its new upgrade unlocks investors' crypto

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Vitalik Buterin ethereum founder
Ethereum cofounder Vitalik Buterin.

Michael Ciaglo / Stringer via Getty Images

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