Dollar Hegemony
De-Dollarization and BRICS Digital Currency: Tokenization's Geopolitical Dimension
BRICS's digital currency ambitions — the 'Unit' token, mBridge, BRICS Pay — represent the most significant geopolitical challenge to dollar hegemony since Bretton Woods. Tokenization is the technological layer in a fundamentally political contest.
Scott Bessent: A Hedge Fund Manager's Approach to Treasury's Crypto Policy
Scott Bessent — Treasury Secretary since 2025 — brings a macro investor's perspective to digital asset policy, viewing dollar-backed stablecoins as an extension of dollar hegemony and crypto broadly as compatible with US financial interests.