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Hi, Complex question with recent changes, but here is "the simple" answer.

The US Dollar, has been the currency of choice around the world for many years.

Because only the US Dollar had the status of "SDR" Special Drawing Rights, from the IMF international monetary fund. Even "oil" nations are requesting the US dollar no longer be exchanged for their oil, this is a huge economic aspect, downturn for the US.

So, This has all changed just in the past year particularly. There are now countries, people around the world who would prefer other currencies as the US Dollar/World Economy is subject to great inflation now. Hope I answered your question.

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15y ago

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