Fidelity Digital Assets, a subsidiary of global asset manager Fidelity, diagnosed that an increasing number of countries are seeking assets like Bitcoin or gold as alternative payment systems, moving away from the control of the US dollar system. According to Cointelegraph, Fidelity analyzed that "the recent introduction of Bitcoin by the Iranian government as a means of payment for marine insurance for ships passing through the Strait of Hormuz, and the trend of gold's share in central banks' foreign reserves exceeding that of the US dollar, are movements to break away from the 'dollar-based system'." However, they added that "while the continuous increase in gold demand from central banks largely aligns with our initial forecasts, a further upside trend for Bitcoin has not yet materialized."
