How AI Could Reinforce Dollar Dominance by Chenxu Fu & Xianguo Huang
While policymakers and economists debate the future of dollar dominance, AI companies, cloud providers, and payment networks might already be writing it into the next chapter of international monetary history. Those who hope to shape that chapter must act now—or risk being left off the page.
SINGAPORE—The signing of a 20-year data-center lease probably does not register as a monetary event. Even the announcement of a dollar-pegged stablecoin linked to the AI boom would not necessarily be given this label. But such developments are proliferating—and contributing to the formation of a system in which a critical input for the global economy is priced, paid for, and ultimately recycled into dollar assets.
