Dedollarization Myth? US Dollar Share Surges to Historic Levels

The share of the US dollar in global transactions has reached a historic high in 2026, challenging persistent narratives about the decline of the world's primary reserve currency and revealing deeper structural trends in the global financial system. Record Growth in Dollar Share According to recent data, the dollar's share in international transactions stood at 49.2% in February 2026. Just one month later, in March, it rose to 51.1%, marking a new all-time record. This surge confirms a clear reality: despite years of discussions about alternative currencies and financial systems, the global economy continues to rely heavily on the US dollar.