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Fidelity Digital Assets highlights 'growing evidence' of shift from dollar-based systems

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 33 Views

Fidelity Digital Assets highlights 'growing evidence' of shift from dollar-based systems

The investment firm said nation-states and central banks are increasingly turning to assets like Bitcoin and gold as alternative settlement systems outside of US control.

Recent moves by the Iranian government to Bitcoin for oil tolls as gold overtakes US dollar assets in global central bank reserves signals a “shift away from dollar-based systems,” according to crypto financial services company Fidelity Digital Investments.

Tehran's acceptance of BTC for oil shipments passing through the Strait of Hormuz represents the emergence of “alternative settlement mechanisms,” according to the company’s just-released "Six Key Trends Shaping Digital Assets in 2026" report

Accepting Bitcoin for shipping toll payments is evidence that the biggest cryptocurrency could replace the US dollar as the global reserve currency because of its neutral, confiscation-resistant and decentralized properties, supporters of BTC say.

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