This is a big deal. It could lead others to abandon the US Dollar as the world’s reserve currency.
This would result in less financing of huge American debt by others. It would also render US sanctions far less effective.
For this, we can thank the NeoCons & John Bolton.
More & more US sanctions on other nations are inducing them to stop using the US Dollar as the primary means of exchange.
This is blowback.
NOT it will never happen. We have all the leverage to make those currencies become useless.