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foreign the decline of the hegemon who is first in line for d dollarization d dollarization may become one of the trends of the casteth one century it is already gaining momentum and U.S attempts to exert political influence through the dollar can only accelerate the process who will be the first to switch to trading in National currencies and how long it will take watch this video to the end and you will find out the trend to replace the U.S dollar in international payments began a few decades after the creation of the Bretton Wood system which marked the beginning of its Global dominance as early as 1969 The Economist Robert triffin pointed out that the Dollars status as the main unit of payment forced the U.S to run a permanent balance of payments deficit this undermined confidence in the U.S currency as a reserve asset to overcome the triffin Paradox special drawing rights sdrs were created which are an artificial means of payment for the IMF they have a cashless form and are not