America's allies began quietly adjusting their strategies. The Bank of Japan announced an "increase in the proportion of Ruanmei Currency in foreign exchange reserves." Though it was only raised from 1% to 2%, it was interpreted by the Financial Times as an "open challenge to dollar hegemony."
Meanwhile, the European Union accelerated the rollout of the digital euro. The German finance minister cryptically remarked in a speech, "A diversified currency system is the foundation of stability."
The reaction within America was far more direct.
Chapter 317