What's Hot

    What uses more power, Bitcoin, streaming, AI, or social media?

    01/23/2026

    FalconX, Monarq, and OpenEden Partner to Launch PRISM

    01/23/2026

    Ethereum Emerges As Likely Candidate In BlackRock Tokenization Vision – Here’s Why

    01/23/2026
    Facebook Twitter Instagram
    • Business
    • Markets
    • Get In Touch
    • Our Authors
    Facebook Twitter Instagram
    Cryptomarketnews
    • Home
    • Business

      Bitcoin Stuck in Neutral, But This Gaming Token Is Going Parabolic

      01/23/2026

      Why Silver’s Surge Echoes Crypto Altcoin Season: Bitwise Exec

      01/23/2026

      Olympic Snowboarder Turned Alleged Crypto Crime Kingpin Arrested in Mexico

      01/23/2026

      What is Zcash (ZEC)? The Privacy Coin Using Zero-Knowledge Proofs

      01/23/2026

      ‘Professional Money Launderer’ Ordered to Pay UK $7.6M Over Zhimin Qian Case

      01/23/2026
    • Technology
      1. Business
      2. Insights
      3. View All

      Bitcoin Stuck in Neutral, But This Gaming Token Is Going Parabolic

      01/23/2026

      Why Silver’s Surge Echoes Crypto Altcoin Season: Bitwise Exec

      01/23/2026

      Olympic Snowboarder Turned Alleged Crypto Crime Kingpin Arrested in Mexico

      01/23/2026

      What is Zcash (ZEC)? The Privacy Coin Using Zero-Knowledge Proofs

      01/23/2026

      What uses more power, Bitcoin, streaming, AI, or social media?

      01/23/2026

      FalconX, Monarq, and OpenEden Partner to Launch PRISM

      01/23/2026

      ‘Bitcoin Trade Is Over,’ Bloomberg Strategist Says In 2026 Macro Outlook

      01/23/2026

      Paradex Refunds $650K After Maintenance Bug Triggers Liquidations

      01/23/2026

      Trump sues JPMorgan for $5B! Ledger prepares for $4B IPO! “Crypto Adoption is no longer reversible” says PWC!

      01/23/2026

      Spot Bitcoin ETFs Shed $1.62B in Four-Day Negative Streak

      01/23/2026

      Binance Founder CZ Projects Bitcoin Supercycle for 2026, Denies Trump Relationship

      01/23/2026

      UBS Planning Bitcoin, Ethereum Trading for Some Wealthy Clients: Bloomberg

      01/23/2026
    • Insights
      1. Bitcoin
      2. Ethereum
      3. Eurozone
      4. Monero
      5. View All

      ‘Bitcoin Trade Is Over,’ Bloomberg Strategist Says In 2026 Macro Outlook

      01/23/2026

      Paradex Refunds $650K After Maintenance Bug Triggers Liquidations

      01/23/2026

      Prediction Markets Bet Bitcoin Won’t Reach $100K Before June

      01/23/2026

      French Authorities Investigate Data Breach of Crypto Tax Platform

      01/23/2026

      Swiss UBS Plans Bitcoin Trading For Select Wealth Clients

      01/23/2026

      Kansas Introduce Bill To Establish Strategic Bitcoin Reserve

      01/22/2026

      Thailand Finalizes Rules For Bitcoin ETFs In Early-2026 Push

      01/22/2026

      Bitcoin Price Surges To $90,000 After Trump Delays Tariffs

      01/21/2026

      Ethereum Funding Rates Pushing Towards Negative: What’s Going On?

      01/23/2026

      Dogecoin Is A ‘Client-Statement Risk’ For Advisers: ETF Experts

      01/23/2026

      Here’s Why The Bitcoin, Ethereum, And Solana Prices Are Still Crashing Hard

      01/23/2026

      XRP Distribution Phase Continues, But Funding Rates Suggest Shorts Are Overextended

      01/23/2026

      FalconX, Monarq, and OpenEden Partner to Launch PRISM

      01/23/2026

      Crypto’s $50 billion lie masks a brutal reality where massive mergers are quietly killing off every new experiment

      01/23/2026

      Bitcoin is bleeding against gold’s record breakout but a “power law” slip hints at a $324k price snapback

      01/23/2026

      From prison to Davos, pardoned Binance founder CZ exposes a $33 trillion secret the global elite can’t hide anymore

      01/23/2026

      What uses more power, Bitcoin, streaming, AI, or social media?

      01/23/2026

      FalconX, Monarq, and OpenEden Partner to Launch PRISM

      01/23/2026

      ‘Bitcoin Trade Is Over,’ Bloomberg Strategist Says In 2026 Macro Outlook

      01/23/2026

      Paradex Refunds $650K After Maintenance Bug Triggers Liquidations

      01/23/2026
    • Markets
    • Get In Touch
    Cryptomarketnews
    Home»Insights»Videos»The dollar stays king until 2046 crushing Bitcoin dreams with $13 trillion of IMF data
    Videos

    The dollar stays king until 2046 crushing Bitcoin dreams with $13 trillion of IMF data

    adminBy admin01/23/2026No Comments7 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Bitcoin’s earliest realistic path to becoming the world’s global reserve currency (defined here as reserve-currency primacy rather than limited reserve-asset adoption) sits around the mid-2040s under a scenario model that treats official mandates, collateral usage, and invoicing conventions as binding constraints.

    That timeline starts from a reserve system where total global foreign-exchange reserves reached $12.94 trillion in 2025’s second quarter and the U.S. dollar still accounted for 56.32% of allocated reserves.

    The same IMF series shows why a decade-scale flip is hard to model with high confidence, even under fast private adoption. The denominator is large, and changes slowly.

    In 2025Q1, the IMF put the U.S. dollar at 57.74% of allocated reserves, the euro at 20.06% and the renminbi at 2.12%. Those figures frame the distribution of “safe” reserve balance sheets central banks already run.

    Reserve currency status also tracks the funding and hedging ecosystem behind reserve portfolios. The dollar was on one side of 88% of global foreign-exchange transactions in April 2022.

    The collateral core of that network remains U.S. Treasurys.

    There were about $30.3 trillion outstanding and about $1,047.1 billion in average daily trading volume, according to SIFMA’s U.S. Treasury securities statistics in its January 2026 update.

    Two steps: Reserve asset adoption vs. reserve-currency primacy

    Bitcoin’s reserve-currency case therefore has two separate steps that markets often compress into one narrative. The first is a “reserve asset breakthrough,” where official institutions and regulated intermediaries treat BTC as a long-duration reserve diversifier in limited size.

    The second is “reserve-currency primacy,” where BTC becomes a standard unit for invoicing, settlement, collateral and liquidity provision across borders.

    The IMF’s dominant-currency framework describes why invoicing and contracting conventions can persist even when trade shares move, because pricing and financing habits can become self-reinforcing in stress and in normal times.

    That persistence is outlined in the IMF staff discussion note, “Dominant Currencies and External Adjustment”.

    Policy and market plumbing now in development can also raise the bar for that second step. It can extend dollar usage into new rails rather than displacing it.

    The BIS said Project Agorá is exploring tokenization of wholesale central bank money and commercial bank deposits on programmable platforms for cross-border payments. That maps to a future where major-currency settlement and bank balance sheets remain the primary “money object,” even if the interface changes.

    Citi, in its 2025 stablecoin outlook, revised its 2030 issuance forecasts to $1.9 trillion in a base case and $4.0 trillion in a bull case.

    Citi raises stablecoin market projection to $1.9 trillion by 2030 despite low institutional maturityCiti raises stablecoin market projection to $1.9 trillion by 2030 despite low institutional maturity
    Related Reading

    Citi raises stablecoin market projection to $1.9 trillion by 2030 despite low institutional maturity

    The banking giant raised its base case projection from $1.6 trillion in its April 2025 forecast, citing accelerated momentum from regulatory clarity and increased integration of the payment network.

    Sep 26, 2025 · Gino Matos

    McKinsey has separately framed tokenization of real-world assets, excluding cryptocurrencies and stablecoins, at about $2 trillion by 2030. It estimates a range of about $1 trillion–$4 trillion, reinforcing the scale of balance-sheet migration that can occur without changing the unit of account for reserves.

    Citi raises stablecoin market projection to $1.9 trillion by 2030 despite low institutional maturityCiti raises stablecoin market projection to $1.9 trillion by 2030 despite low institutional maturity
    Related Reading

    Citi raises stablecoin market projection to $1.9 trillion by 2030 despite low institutional maturity

    The banking giant raised its base case projection from $1.6 trillion in its April 2025 forecast, citing accelerated momentum from regulatory clarity and increased integration of the payment network.

    Sep 26, 2025 · Gino Matos

    Access is widening, but official constraints remain

    Regulated access to Bitcoin has widened. This addresses one barrier to broader reserve-asset ownership, while leaving the reserve-currency hurdle intact.

    The SEC approved 11 spot Bitcoin ETP Rule 19b-4 applications on Jan. 10, 2024. That created a standardized wrapper for U.S. investors and some institutions that cannot custody BTC directly.

    Secondary market measures point to rapid growth in those wrappers. Cumulative U.S. spot crypto ETF trading volume is above $2 trillion, and spot Bitcoin ETF assets are around $117 billion as of Jan. 2, 2026.

    BC GameBC Game

    That data point matters more as an adoption channel than as a direct proxy for sovereign reserve intent. For more on AUM and market positioning, see spot Bitcoin ETFs marking their first anniversary with four among the top 20 in AUM.

    Dissenting SEC commissioner says agency approved spot Bitcoin ETPs, not ETFsDissenting SEC commissioner says agency approved spot Bitcoin ETPs, not ETFs
    Related Reading

    Dissenting SEC commissioner says agency approved spot Bitcoin ETPs, not ETFs

    SEC commissioner clarifies recently approved Bitcoin products are ETPs, not ETFs, amid potential investor confusion.

    Jan 11, 2024 · Mike Dalton

    Central bank behavior in the near term also points to a competing diversification outlet that already matches reserve-manager constraints. The World Gold Council reported central banks bought about 1,045 metric tons of gold in 2024, the third straight year above 1,000 tons.

    Its 2025 survey said 95% of respondents expect global gold reserves to rise, with a record 43% expecting their own gold holdings to rise over the next 12 months. Those findings were published in the WGC’s 2024 gold demand (central banks section) and the WGC central bank survey 2025.

    That observable flow constrains any model that assumes near-term official diversification will default to BTC. It instead competes with a reserve asset that already has established accounting and liquidity conventions.

    A constrained model points to an earliest window around 2046

    A forward-looking estimate for Bitcoin as the world’s “global reserve currency” therefore depends on gates that must clear in sequence.

    These include volatility compression suitable for reserve portfolios, legal and regulatory standardization for custody and settlement finality, and deeper collateral and funding markets that can operate through stress.

    They also include official-sector mandates beyond symbolic allocations. Finally, they require a shift in invoicing, settlement or collateral practice away from the dollar’s current base.

    The moat those gates must cross is visible in macro data, including the dollar’s share of reserves, its position in FX markets, and the scale of Treasury collateral. Those constraints are grounded in COFER, the BIS FX surve,y and SIFMA’s Treasury market statistics.

    Using those constraints, our scenario model assigns an “earliest plausible window” for reserve-currency primacy around 2046.

    It separates that from the earlier possibility that BTC becomes a small reserve asset in some portfolios.

    The probability table below treats reserve-currency primacy as the target outcome. It explicitly frames the figures as editorial modeling rather than sourced forecasts.

    Horizon Probability BTC becomes global reserve currency (primacy) by then (editorial model) Model anchors tied to observable constraints
    5 years (2031) 1% ETP access exists, but reserve-manager requirements and official mandates rarely shift inside a single cycle, while USD reserve share and FX dominance remain high (CRS; IMF COFER 2025Q2; BIS FX survey).
    10 years (2036) 4% Tokenized deposits and USD-denominated stablecoins can scale on programmable rails, reinforcing incumbent currency usage even as settlement tech changes (BIS Project Agorá; Citi stablecoin framework).
    20 years (2046) 15% Multi-cycle regulatory convergence and financing-market maturation could compound, though the Treasury collateral base and FX network effects remain large (SIFMA Treasury statistics; BIS FX survey).
    50 years (2076) 35% Long horizons allow institutional rewiring, while dominant-currency persistence in invoicing and contracting remains a structural headwind (IMF dominant-currency framework).
    Never 45% Structural barriers include the absence of an issuer backstop for stress operations and the possibility that tokenized USD systems absorb most digital money demand (BIS Project Agorá; Citi stablecoin framework).

    Dollar usage in cross-border payments and trade finance also remains a relevant constraint in models of currency primacy, although definitions matter. The Wall Street Journal cited SWIFT data placing the dollar at about 47% of payments and about 80% of trade finance.

    Those figures are directional without the underlying SWIFT release in hand.

    What emerges from the combined data is a split between fast-moving channels that can expand Bitcoin exposure and slow-moving channels that define reserve currency status.

    Tokenized bank money and stablecoins can reach a trillion-dollar scale within the decade while keeping dollars and bank deposits at the center of settlement, according to the BIS and Citi’s framing.

    Central banks can continue to add gold as a balance-sheet hedge while keeping the dollar at the core of FX reserves, according to the World Gold Council and COFER. Those constraints make 2046 an “earliest window” for primacy in this model rather than a median outcome.

    They also keep the near-term story centered on whether Bitcoin can mature into collateral and liquidity infrastructure that reserve managers can hold through stress.

    Spot Bitcoin ETFs mark first anniversary with four among Top 20 in AUMSpot Bitcoin ETFs mark first anniversary with four among Top 20 in AUM
    Related Reading

    Spot Bitcoin ETFs mark first anniversary with four among Top 20 in AUM

    IBIT led the bunch, with FBTC, ARKB, and BITB also making the list.

    Jan 11, 2025 · Gino Matos



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    admin
    • Website

    Related Posts

    What uses more power, Bitcoin, streaming, AI, or social media?

    01/23/2026

    FalconX, Monarq, and OpenEden Partner to Launch PRISM

    01/23/2026

    ‘Bitcoin Trade Is Over,’ Bloomberg Strategist Says In 2026 Macro Outlook

    01/23/2026

    Paradex Refunds $650K After Maintenance Bug Triggers Liquidations

    01/23/2026
    Add A Comment

    Leave A Reply Cancel Reply

    Top Posts

    Millennials Are Quitting Job to Become Day Traders

    01/20/2021

    Jack Dorsey Says Bitcoin Will Unite The World

    01/15/2021

    Hong Kong Customs Arrest Four in Crypto Laundering Bust

    01/15/2021

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Facebook Twitter Instagram Pinterest YouTube
    Top Insights

    What uses more power, Bitcoin, streaming, AI, or social media?

    01/23/2026

    FalconX, Monarq, and OpenEden Partner to Launch PRISM

    01/23/2026

    Ethereum Emerges As Likely Candidate In BlackRock Tokenization Vision – Here’s Why

    01/23/2026
    Get Informed

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Business
    • Markets
    • Technology
    • Contact us
    © 2026 CryptoDailyNews.net

    Type above and press Enter to search. Press Esc to cancel.