I would argue the US dollar is in part worth what it is now because alternative systems exist to bypass the spirit of KYC/AML. It may be a 'careful what you wish for' scenario if America somehow manages to snuff out unregulated use of the dollar -- the market just may find something else.

Does anyone else seriously think it's a complete coincidence the rise of crypto coincided with the rising international cooperation with FATF and other AML/KYC oriented agreements worldwide post 9/11? The ~2010-2020 era was some of the biggest movement in nations coming into compliance with FATF's assessments, I don't think it's an accident crypto exploded during that period.