Title: Dollarization: why so many countries use the US dollar - Wise, formerly TransferWise
Headings: Dollarization: why so many countries use the US dollar
Dollarization: why so many countries use the US dollar
Why is the US dollar accepted all over the world and what are the hottest holiday spots to get more bang for your buck?
Dollarization
So, where can the US dollar take you? Here are 5 great destinations.
1. Panama
2. Ecuador
3. Turks and Caicos
4. Cambodia
5. Zimbabwe
Wise is the smart, new way to send money abroad.
Where can I cash a check? Your 5 best options nearby
Ádám Rózsa
Robinhood review: everything you need to know
Fernando Figueiredo
What is the best budget app in 2021?
Panna Kemenes
Interactive Brokers Review 2021: Pros, Cons, Fees (& More!)
Ádám Rózsa
Charles Schwab review 2021: Trading Fees, Tools, Pros & Cons
Ádám Rózsa
Tastyworks Review: Who Is It Good for, Fees, Platform & More
Ádám Rózsa

Content: This breathtaking Caribbean tax haven is a British territory, but uses the US dollar as its official currency, a strategic decision that made the tiny country an attractive destination for tourists and businesses alike. Plus, there’s no sales tax. Another piña colada please? 4. Cambodia
Behold the stunning Khmer temples by tuktuk and pay your driver in dollars. Although the official currency is the Cambodian riel, the USD is used congruently, and can be used in any transaction. After years of deprivation at the hands of the Khmer Rouge, the dollar helped to buoy the county's recovery. A bonus: you can use USD in neighboring Vietnam and Laos. 5.