I could see alternative currencies becoming and increasingly available option. Something like SDRs used by the IMF could emerge for example, made up of multiple

I could see alternative currencies becoming and increasingly available option. Something like SDRs used by the IMF could emerge for example, made up of multiple international currencies. Not necessarily a replacement, but a decreasing reliance. Russia, the EU and China are fairly aggressively de-dollarizing, and encouraging trading partners to do the same.[1][2] See CMIM for example in the Asia region, INSTEX in the EU to get around Iran sanctions and the creation of the "Petroyuan". Lyn Alden has a great overview.[4] [1]https://www.everycrsreport.com/files/2021-07-23_IF11885_09a6986fb2de221b83de761f118062ca2def8737.pdf https://www.everycrsreport.com/files/2021-07-23_IF11885_09a6... [2]https://www.csis.org/blogs/new-perspectives-asia/chiang-mai-initiative-multilateralization-cmim-if-not-now-then-when https://www.csis.org/blogs/new-perspectives-asia/chiang-mai-... [3]https://infobrics.org/post/32689/ https://infobrics.org/post/32689/ [4]https://www.lynalden.com/fraying-petrodollar-system/#fraying https://www.lynalden.com/fraying-petrodollar-system/#fraying