🇺🇸 The US Dollar continues to lead all global transactions
The U.S. Dollar remains the dominant force in global finance, significantly outpacing all other currencies in international trade. Here is a breakdown of the current landscape: $SKL
Dominance in SWIFT Transactions
The U.S. Dollar now accounts for 50.5% of all international transactions processed via SWIFT, marking its highest level since 2023. This represents a substantial growth of 11.6 percentage points over the past four years, further solidifying its lead. $XPL
Global Market Share Comparison
While the Dollar climbs, other major currencies hold the following shares:
Euro: 21.9% (2nd place)
British Pound: 6.7%
Canadian Dollar: 3.4%
Japanese Yen: 3.4%
Chinese Yuan: 2.7% (largely stagnant for three years)
Rising Trade Volume
The overall scale of global finance is also expanding. SWIFT processed 13.4 billion trade instructions in 2024, a notable increase from the 11.9 billion recorded the previous year. $FRAX
Despite discussions regarding global shifts, these figures confirm that the U.S. Dollar’s position in the international financial system is not only stable but growing.
