World Gold Council's Forecast on Global Foreign Exchange Reserve Trends
Central Banks' Attitude Towards USD
On June 17, the World Gold Council released a survey predicting changes in foreign exchange reserve strategies of global central banks. Approximately 73% of central banks surveyed expect the USD's proportion in foreign exchange reserves to slightly or significantly decrease within the next 5 years. This trend reflects shifts in international reserve structure, indicating a trend of reduced dependence on dollar-based Cryptoassets.
Causes and Impacts of USD Reserve Decline Wave
This decline stems from uncertainties about tight monetary policy, prolonged inflation, and the emergence of potential digital currencies like Bitcoin and stablecoins. Central banks are increasingly interested in new reserve assets, diversifying portfolios to reduce risks and increase flexibility in foreign exchange policies. This trend could also promote Cryptoasset market development, expanding the role of Cryptoassets in international reserves.
Future of Foreign Exchange Reserves in Current Context
This prediction clearly shows changes in global reserve structure, as countries seek to diversify their financial investment portfolios. Cryptoassets, with their value storage and high liquidation capabilities, are gradually becoming an indispensable part of central banks' long-term financial strategies. This trend opens a new era for financial markets and foreign exchange reserve policy foundations, drawing attention from investors and analysts.
