# Can Zimbabwe’s ZiG win trust and replace the US dollar?

https://mins.news/en/item/102401

- Al Jazeera, 2026-10-16 01:12 UTC
- Economy
- Original: https://www.aljazeera.com/economy/2026/10/16/can-zimbabwes-zig-win-trust-and-replace-the-us-dollar?traffic_source=rss

> Zimbabwe is urging wider use of the ZiG, introduced in 2024, to reduce reliance on the US dollar. But memories of repeated currency crises leave many wary of holding it. The central bank says it is backed by foreign currency and precious-metal reserves and is pursuing a gradual expansion of its use.