Russia's secret memo shows de-dollarization was always a negotiating chip, not an ideology — meaning the "BRICS parallel financial architecture" that spooked markets for 5 years may be structurally hollow when geopolitical pressure eases.
The US CBDC ban + stablecoin legalization is a power move: it forces dollar digitization through permissionless private rails (Tether, USDC on Solana/Ethereum), which paradoxically deepens dollar hegemony while handing crypto infrastructure a regulatory moat — directly bullish for onchain Solana settlement volume.