Exactly, by allowing trade of most commodities in non dollar denominated assets, it prevents the US from seizing control of a given country's trade. The world put up with sanctions for decades but the USA freezing dollar denominated treasury securities of Russia and Iran absolutely shot themselves in the foot. It showed the world that Washington has lost any remaining semblance of the plot they still had (as little as it was) and that they absolutely need to get away from us as fast as possible.

Additionally, IMF debt traps are increasingly making austerity common in places where people's entire lives happen at a cost of less than the average meal in the imperial core. China's BRI moves have opened actually fair trade for a bunch of countries that were being crushed by world bank. The rest of world is taking notes, hegemonic control in Washington is breaking apart and being washed away. Soon, the dam will fail and wash away, taking all of the resources Americans need with it.

If Washington was smart, they'd start working on actually shoring up American manufacturing capacity, but we know they're not going to do that, they're going to try and use CIA tactics, which may or may not work to various degrees, and then look confused AF when they're being [redacted] later.

(sorry, got a bit off topic at the end, adhd hit hard all of a sudden but I think it mostly follows a logical path through those thoughts so I'll leave it)