dollarization
I don't believe that this is the right time to dollarize.
They will be forced to dollarize as tax receipts fall.
He was forced to dollarise the economy and encourage foreign investment.
Countries are free to make their own decisions about whether to dollarise.

SMART Vocabulary: related words and phrases

Currencies
Altcoin
ariary
bimetallism
bitcoin
buying power
decimal currency
escudo
franc
guilder
krone
lira
multi-currency
non-convertible
non-dollar
out of circulation
paisa
rouble
rupiah
shilling
traveller's cheque

You can also find related words, phrases, and synonyms in the topics:

Economics