After the conflict between Russia and Ukraine, the United States and its allies imposed strong sanctions on Russia, confiscated all of Russia’s overseas financial assets, and removed Russia from SWIFT, the first implementation of the weaponization of the dollar, urging non-US currencies to begin to seriously consider whether to seek currency anchors other than the US dollar to ensure financial security. In parallel with the de-dollarization process, there are also countries that plan to implement dollarization, such as Argentina. Indeed, the dollar, as the most important international currency today, will have to bear huge conversion costs if it is to be de-dollarized. In any case, the U.S. dollar system is…