[watchfirst9]

This is a moot point.  Care to tell more on the mishaps of the Belt and Road initiative?

There are many hurdles to overcome in becoming a Reserve Currency and I believe it will take a long time to get a firm foothold as a viable  alternative currency.

Countries now are trying to diversify out of the Us Dollar, but thus far no other currency is a leading front runner.

Perhaps the BRICS currencies may introduce a new Reserve Currency, backed by Gold and other hard commodities, but their thrust is in physical trade predominantly.
Thus I see it as a transactional currency.

It is not that easy as some people think in dethroning the mighty dollar, at least for the next 5-10 years, if ever.

Agree that to dethrone is not possible in 5-10 years but it will significantly weaken borrowing power and outreach.

Many countries need to sell $ to fend off their currencies in last one year, so to reduce $ usage is 
only normal to them, especially they facing it repeatedly every ten years since unpeg from gold.
Some low in $ cashflow will face unrest if they cannot use other means to trade.
So you can see some minor economies plan to jump boat.