Why is the United States dollar used for most international transactions?

Kera

Community Advocate
Literary Virtuoso
Registered Member
Joined
Sep 20, 2024
Messages
1,276
Reaction score
37
Trophy Points
2
D Bucks
💵1.411509
Referral Credit
0
It is like the United States dollar is the benchmark currency for all international transactions. There are other currencies though but everyone uses the United States dollar when they want to transact outside their country.

Why are most international transactions done with USD?
 
One of the reasons is due to their stable value, a lot of countries prefer using the us dollars for their trade.
I want to agree with you . it seems there's always stability with their currency unlike the naiea that keeps falling in value
 
That's because the United States has remained number one global economy for over a hundred years and a lot of countries trust US Dollars
Are you sure of this? I read somewhere that the economy of China now is far bigger than the economy of the United States
 
21,703Threads
156,401Messages
486Members
GoalsinvoyageLatest member
Top