According to geopolitical researcher Brian Berletic, US Treasury Secretary Janet Yellen recently declared that the dollar has no major rivals in the globe, but that assertion could be "wishful thinking" on Washington's behalf. On the contrary, US sanctions on Russia could speed up dedollarisation and help the rise of Yuan.
"While the US dollar is still a formidable reserve currency worldwide with tremendous coercive power, a reserve currency's success in the first place is based on stabi...