The International Monetary Fund (IMF) reports a gradual decline in the US dollar’s share of global foreign reserves as numerous countries, particularly those in the ASEAN and BRICS alliances, adopt ‘de-dollarization’ strategies. These nations are moving away from the US dollar in favor of alternative currencies for various political, economic, and geographical reasons. The article lists 12 countries actively reducing their reliance on the US dollar, signaling a shift in the global financial landscape and potentially challenging the dollar’s long-standing dominance as the world’s primary reserve currency.