The Bank for International Settlements (BIS) has issued warnings regarding potential risks that threaten the status of the US dollar as a global reserve currency amid economic uncertainties.
BIS Warnings on Erosion of Trust in the Dollar
Agustín Carstens, representing BIS, emphasizes the importance of addressing trust issues in the dollar. Despite the lack of official statements dismissing threats to the dollar's status, interest in this subject is growing.
Market Impact and Alternative Assets
BIS policies have led to increased interest in alternative assets. Agustín Carstens noted: "As of July 4, 2025, there is no public statement or tweet from Carstens or other BIS officials denying the risk; in fact, the most recent primary signals indicate the BIS has warned of erosion in dollar trust rather than downplayed it." As a result, assets like ETH and BTC, alongside stablecoins, have become more attractive.
Outlook and Possible Changes
Analysts suggest that ongoing uncertainties in US policies may lead to further interest in alternative assets. Shifts driven by BIS signals could influence technological and regulatory changes in monetary policies.
Thus, the situation regarding the US dollar's status as a reserve currency remains under pressure, as BIS continues to raise issues concerning the reliability of traditional currencies.
