The trade is nothing.
Look at the % of FOREX trades involving the USD: over 85%
Foreign Exchange Derivatives (FED): 75%
Repo/RR: $4.5 Trillion daily
Central bank reserves: 70% USD
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The trade is nothing.
Look at the % of FOREX trades involving the USD: over 85%
Foreign Exchange Derivatives (FED): 75%
Repo/RR: $4.5 Trillion daily
Central bank reserves: 70% USD
The whole stats are enough to convince "chill dude, don't think a lot about de-dollarization your $5 is safe".
Have set standards and bars.. too big to fail I guess.