De-Dollarization: Will this create new world order?

The alternative is not swapping USD for another existing ‘fiat’ currency… Whatever replaces USD (and other fiat currencies) should address the shortcoming of USD and other fiat currencies.

• it has to be a currency pegged to a commodity (or) basket of commodities.
  There is a marked increase in articles which predict that the next currency would be pegged to a basket of commodities, with Gold being a prominent one.
• it should not be ‘controllable’ by a small coterie of countries.
  So, such a currency would have to be proposed by a sufficiently large grouping of countries which want a change from existing system. So, it would have to be a non-G7 grouping. BRICS+ is the one which seems most promising.
• it should have critical mass so that it can gain traction.
  BRICS has already surpassed G7 in GDP and has 3 times the population. Here too, a hypothetical currency floated by BRICS+ seems promising

While such a currency is not available, the de-dollarization process itself seems to be gathering pace and passing milestones
De-Dollarization Just Got Real | ZeroHedge

At some point, a BRICS+ currency (or) some other candidate would arrive on time and further accelerate the process.

Many market experts are suggesting that Gold would get repriced higher once such a currency materializes. So, investment in Gold seems like a safe bet… (Not an advice, just an opinion)