Chinese Yuan and Reserve Currency Status

Will Yuan replace USD in international trade? Some says yes, some says no. Time will tell.

https://www.cnbc.com/2020/11/03/the-chinese-yuan-is-a-long-way-from-achieving-reserve-currency-status-strategist.html

Excerpt from Another Source:

“Dethroning the dollar — which the euro tried to do, and settled at a miserable 18–20% of all the international things that go on — is very, very difficult. [...] There is a certain amount of illusion at the moment that the yuan — which accounts for 2% of international trade settlements and even less if you come to financial investment flows — that this can take over.”