{"id":6552,"date":"2026-02-10T13:13:06","date_gmt":"2026-02-10T12:13:06","guid":{"rendered":"https:\/\/news.infotekps.com\/?p=6552"},"modified":"2026-02-10T13:15:44","modified_gmt":"2026-02-10T12:15:44","slug":"greenbacksliding-why-the-u-s-dollar-is-under-global-threat-in-2026","status":"publish","type":"post","link":"https:\/\/news.infotekps.com\/index.php\/2026\/02\/10\/greenbacksliding-why-the-u-s-dollar-is-under-global-threat-in-2026\/","title":{"rendered":"Greenbacksliding: Why the U.S. Dollar is Under Global Threat in 2026"},"content":{"rendered":"<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" fifu-lazy=\"1\" fifu-data-sizes=\"auto\" fifu-data-srcset=\"https:\/\/i0.wp.com\/news.infotekps.com\/wp-content\/uploads\/2026\/02\/UsDollars.jpeg?ssl=1&w=75&resize=75&ssl=1 75w, https:\/\/i0.wp.com\/news.infotekps.com\/wp-content\/uploads\/2026\/02\/UsDollars.jpeg?ssl=1&w=100&resize=100&ssl=1 100w, https:\/\/i0.wp.com\/news.infotekps.com\/wp-content\/uploads\/2026\/02\/UsDollars.jpeg?ssl=1&w=150&resize=150&ssl=1 150w, https:\/\/i0.wp.com\/news.infotekps.com\/wp-content\/uploads\/2026\/02\/UsDollars.jpeg?ssl=1&w=240&resize=240&ssl=1 240w, https:\/\/i0.wp.com\/news.infotekps.com\/wp-content\/uploads\/2026\/02\/UsDollars.jpeg?ssl=1&w=320&resize=320&ssl=1 320w, https:\/\/i0.wp.com\/news.infotekps.com\/wp-content\/uploads\/2026\/02\/UsDollars.jpeg?ssl=1&w=500&resize=500&ssl=1 500w, https:\/\/i0.wp.com\/news.infotekps.com\/wp-content\/uploads\/2026\/02\/UsDollars.jpeg?ssl=1&w=640&resize=640&ssl=1 640w, https:\/\/i0.wp.com\/news.infotekps.com\/wp-content\/uploads\/2026\/02\/UsDollars.jpeg?ssl=1&w=800&resize=800&ssl=1 800w, https:\/\/i0.wp.com\/news.infotekps.com\/wp-content\/uploads\/2026\/02\/UsDollars.jpeg?ssl=1&w=1024&resize=1024&ssl=1 1024w, https:\/\/i0.wp.com\/news.infotekps.com\/wp-content\/uploads\/2026\/02\/UsDollars.jpeg?ssl=1&w=1280&resize=1280&ssl=1 1280w, https:\/\/i0.wp.com\/news.infotekps.com\/wp-content\/uploads\/2026\/02\/UsDollars.jpeg?ssl=1&w=1600&resize=1600&ssl=1 1600w\" width=\"600\" height=\"338\" fifu-data-src=\"https:\/\/i0.wp.com\/news.infotekps.com\/wp-content\/uploads\/2026\/02\/UsDollars.jpeg?ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Greenbacksliding: Why the U.S. Dollar is Under Global Threat in 2026\" title=\"Greenbacksliding: Why the U.S. Dollar is Under Global Threat in 2026\" style=\"object-fit:cover;\" srcset=\"https:\/\/i0.wp.com\/news.infotekps.com\/wp-content\/uploads\/2026\/02\/UsDollars.jpeg?ssl=1 600w, https:\/\/news.infotekps.com\/wp-content\/uploads\/2026\/02\/UsDollars-300x169.jpeg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n<p><strong>WASHINGTON \/ NEW YORK<\/strong> \u2014 For nearly a century, the U.S. Dollar has reigned supreme as the world\u2019s undisputed reserve currency. But in early 2026, a phenomenon dubbed &#8220;Greenbacksliding&#8221; has analysts on Wall Street and in Abuja worried. The dollar index has dipped below 94 points\u2014its lowest since 2021\u2014as a perfect storm of political uncertainty and global competition begins to erode its &#8220;exorbitant privilege.&#8221;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u200b<strong>The BRICS Factor: De-Dollarization Accelerates<\/strong><\/h3>\n\n\n\n<p>\u200bThe primary engine behind this slide is the <strong>BRICS+<\/strong> alliance. In late 2025 and early 2026, BRICS nations successfully shifted nearly 60% of their cross-border trade settlements into local currencies, bypassing the dollar entirely.<\/p>\n\n\n\n<p>\u200bThe launch of <strong>&#8220;BRICS Pay&#8221;<\/strong>\u2014a decentralized payment system\u2014and the expansion of gold-backed digital currencies have provided emerging economies with a viable alternative to the Western-led SWIFT system. For the first time, major oil producers like Saudi Arabia are settling energy contracts in currencies other than the dollar, threatening the decades-old &#8220;Petrodollar&#8221; system.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u200b<strong>Domestic Crises: Debt and the Fed<\/strong><\/h3>\n\n\n\n<p>\u200bWhile external threats are growing, the dollar is also being weakened by internal American policy:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u200b<strong>Fiscal Deficit:<\/strong> The U.S. national debt has surged, leading to concerns about the long-term sustainability of American finances.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u200b<strong>Fed Independence:<\/strong> Markets are reacting nervously to President Trump\u2019s recent public clashes with Federal Reserve Chairman Jerome Powell. Speculation that the administration may try to influence interest rates has led to a &#8220;trust deficit&#8221; among international investors.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u200b<strong>Inflation &amp; Rate Cuts:<\/strong> Recent rate cuts by the Fed, intended to stimulate the U.S. economy, have made the dollar less attractive to foreign savers, who are now looking toward the Euro and Gold for better returns.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">\u200b<strong>The &#8220;Safe Haven&#8221; No More?<\/strong><\/h3>\n\n\n\n<p>\u200bHistorically, when the world enters a crisis, investors run <em>to<\/em> the dollar. However, in the current 2026 landscape, we are seeing a shift. Central banks purchased over <strong>1,100 tons of gold<\/strong> in 2025\u2014the largest increase in 70 years. Investors are increasingly &#8220;hedging&#8221; their bets, moving assets into &#8220;digital gold&#8221; (Bitcoin) and commodities to protect themselves against a potential dollar crash.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u200b<strong>What This Means for Nigeria<\/strong><\/h3>\n\n\n\n<p>\u200bFor Nigeria, &#8220;Greenbacksliding&#8221; is a double-edged sword. A weaker dollar could theoretically make it cheaper for Nigeria to pay off its dollar-denominated foreign debt. However, it also creates massive volatility in the Naira&#8217;s exchange rate and could lead to higher prices for imported goods if the global economy enters a recession triggered by a dollar collapse.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WASHINGTON \/ NEW YORK \u2014 For nearly a century, the U.S. Dollar has reigned supreme as the world\u2019s undisputed reserve &hellip; <\/p>\n","protected":false},"author":1,"featured_media":6554,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[22,13,6],"tags":[154,152,155,156,153,150,148,151,157,149],"class_list":["post-6552","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-african-news","category-economy-finance","category-world-news","tag-brics-2026","tag-de-dollarization","tag-economic-investigation","tag-federal-reserve","tag-global-economy","tag-gold-prices","tag-greenbacksliding","tag-jerome-powell","tag-petrodollar","tag-us-dollar"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Greenbacksliding: Why the U.S. Dollar is Under Global Threat in 2026 - Your Daily News Dose of the World\u2019s Hottest Headlines<\/title>\n<meta name=\"robots\" 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