This de-dollarization has been going on for a while. The first domino was knocked over by all the financial sanctions against Russia after the Ukraine invasion, but all these other countries had clearly been setting up the dominoes for a long time waiting for the right time to act.
It's already almost a year old and there has been a steady stream of news since then regarding dollar asset dumping and abandonment of the petrodollar. None of this is reported in the Western media for obvious reasons.
This de-dollarization has been going on for a while. The first domino was knocked over by all the financial sanctions against Russia after the Ukraine invasion, but all these other countries had clearly been setting up the dominoes for a long time waiting for the right time to act.
This article is a pretty decent roundup:
By the numbers: The de-dollarization of global trade (The Intel Drop 1/14/2023)
It's already almost a year old and there has been a steady stream of news since then regarding dollar asset dumping and abandonment of the petrodollar. None of this is reported in the Western media for obvious reasons.