Lukashenko Says Crypto Can Help Reduce Dependence on the US Dollar
Belarusian President Alexander Lukashenko told reporters that cryptocurrencies could be one way for the world to lessen its dependence on the US dollar. He characterized digital assets as among the tools countries might use to diversify settlement options and shield parts of their economies from concentrated currency exposure. The comment continues a wider debate among national leaders about alternatives to dollar-centric finance.
Why it matters: a move away from dollar dominance could alter trade, payments and sanctions dynamics, potentially accelerating interest in cross-border crypto settlements, stablecoins and tokenized assets. At the same time, such a shift would raise regulatory, interoperability and financial-stability questions that markets and policymakers will need to address. Lukashenko’s remarks underscore how geopolitical and economic strategy is increasingly folded into conversations about crypto adoption.