China and Russia are working on homegrown alternatives to the SWIFT payment system. Here's what they would mean for the US dollar.
China has ambitions to make the yuan the most dominant reserve currency in the world, but it has a long way to go.
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: China and Russia are working on homegrown alternatives to the SWIFT payment system. Here's what they would mean for the US dollar.

### Response: China has ambitions to make the yuan the most dominant reserve currency in the world, but it has a long way to go.