dollarization

noun

dol·​lar·​i·​za·​tion ˌdä-lə-rə-ˈzā-shən How to pronounce dollarization (audio)
: the adoption of the U.S. dollar as a country's official national currency
dollarize verb

Examples of dollarization in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Circle failed to capitalize on the first-mover opportunity in the regulatory-centric market, and to effectively compete with Tether for the offshore, massive market for dollarization. Christian Catalini, Forbes.com, 30 June 2026 Central bank demand, geopolitical risk, high government debt, currency concerns, de-dollarization, and the desire for portfolio diversification all remain important factors. Aly J Yale, CBS News, 11 June 2026 Remsing, meanwhile, said that commodity-sensitive currencies like the Norwegian krone, Australian dollar and Brazilian real have also trended strongly as the de-dollarization theme petered out and the euro was weakened by the war. Hugh Leask, CNBC, 5 June 2026 Signs point to China being the big winner of a de-dollarization push. Sasha Rogelberg, Fortune, 7 Apr. 2026 See All Example Sentences for dollarization

Word History

First Known Use

1982, in the meaning defined above

Time Traveler
The first known use of dollarization was in 1982

Browse Nearby Words

Cite this Entry

“Dollarization.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/dollarization. Accessed 5 Jul. 2026.

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