Comment by justonceokay

Yes and no. Even though the use of USD as reserve has been falling globally over time, there are a lot of news articles showing up on this site lately about divestment in USD.

So on the surface level this is politics in the sense that it marks the end of a long process between two countries.

Deeper, it is very political in that some entity wants to normalize and for us to be thinking a lot about the future of American isolationism.