I believe not only for international trade, but also as a censorship-resistant Store of Value for Forbes 500 Companies, Government Treasuries, especially for third-world countries. Few understand the importance/implications of this. It balances power from the “haves”, to the “have nots”.
https://www.reuters.com/article/idUSKCN2AW2MD?il=0&utm_source=reddit.com
Myanmar’s military rulers attempted to move about $1 billion held at the Federal Reserve Bank of New York days after seizing power on Feb. 1, prompting U.S. officials to put a freeze on the funds, according to three people familiar with the matter, including one U.S. government official.