The demand for Gold as a global reserve currency has surged in the past year. The BRICS nations, led by China and Russia, have been accumulating more gold for their reserves amid their ongoing push for dedollarization.
Gold has gradually increased its share as a global reserve currency, whereby its share rose by 3% during the first quarter of 2025 to around 24%, the highest in 30 years. Meanwhile, the U.S. dollar declined its share as the global reserve currency by 2% during the 1st quarter of 2025 to about 42%, the lowest since the 1990s.
Meanwhile, Gold surpassed the Euro in 2024 to become the second-largest global reserve asset. The dam and for Gold as global reserve currency has been bolstered by the ongoing digitization, especially on blockchain technology. According to market data from CoinGecko, tokenized gold has a valuation of about $2.59 billion and a 24 hour average trading volume of around $492 million, led by Tether Gold (XAUT) and PAX Gold (PAXG).
The mainstream adoption of Bitcoin by institutional investors, retail traders, and nation-states has helped increase its market value. The Federal Reserve Chair Jerome Powell has previously admitted that Bitcoin is digital gold as more investors tap into it to hedge against global inflation.
Last week, JPMorgan analysts highlighted that Bitcoin is undervalued relative to Gold. The mainstream bank set a midterm target of around $126k for the BTC price, which will be fueled by corporations implementing strategic BTC reserves.
With more nation-states expected to follow the United States in implementing strategic Bitcoin reserves, the assets’ share as a global reserve currency will organically grow. Furthermore, Bitcoin is much more scarce than Gold and has more real-world utility than the precious metal, especially in facilitating payments.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
October 14, 2025 06:33:25 UTC Crypto News Today : Ethereum and Bitcoin Spot ETFs See…
The spotlight today is firmly on Federal Reserve Chair Jerome Powell, who is scheduled to…
On October 13, both U.S. spot ETFs, Bitcoin, and Ethereum recorded heavy outflows. According to…
The race for crypto ETFs is heating up, and XRP is once again in the…
The US crypto regulation has changed dramatically in 2025, with the Trump administration adopting a…
Ripple (XRP) has now become a giant in the market, boasting a large market value…
