According to CoinMeta, in 2025, the US dollar accounted for 89.2% of all currency transactions. Despite developing countries advancing policies to de-dollarize, the use of the US dollar in cross-border transactions continues to rise, and the volume of transaction settlements has reached new highs, with the US dollar still dominating global financial markets. According to a survey by the Bank for International Settlements, the market share of the US dollar has slightly increased from 88.4% in 2022, indicating that dependence on the US dollar has not diminished. In addition, in April 2025, the daily trading volume of the US dollar reached a record 9.6 trillion US dollars.