dollarization

[dol-er-uh-zey-shuhn]
noun
the conversion of a country's currency system into U.S. dollars.

Origin:
1985–90

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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Collins
World English Dictionary
dollarization or dollarisation (ˌdɒləraɪˈzeɪʃən)
 
n
the process of converting a country's currency to US dollars
 
dollarisation or dollarisation
 
n

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Example sentences
First, the de-dollarization that can no longer be denied.
Dollarization has led to changes in the marketing of sugar regionally.
Official and unofficial dollarization has continued in several emerging market
  economies.
Even dollarization, or its equivalent in other key currencies, is not a source
  of stability if underlying policies are unsound.
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