Weaponization of the Dollar
The basic compact that the US populace has with its government is that the populace will allow the government to govern via certain enumerated powers, on loan, from the populace.
In a sense, the basic compact that the world populace has with the US government is that it will use its dollar as es the reserve currency - a power that is on loan from the world populace.
When the US decided to piggishly sanction countries (cut them off from the dollar), the world populace started to decide to take back the power that was given to the US government. To take back the power, the weapon.
It's all so intuitive.