Rao, Anup2025-05-202025-05-202025-05-20https://hdl.handle.net/1773/53055This paper proposes a decentralized reserve currency called the Global Dollar. Global Dollars are compatible with the traditional banking system, and yet have a completely decentralized mechanism for regulating the money supply. The goal is to provide a viable alternative to existing global reserve currencies by maintaining decentralization while incorporating the best features of existing reserve currencies.Decentralized Money Supply: a New Paradigm for Reserve CurrencyArticle