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Why is US Dollar World Reserve Currency?

Jojo

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I read somewhere that the United States has remained world's number one economy since 120. Is this the reason why US Dollar is world's reserve currency? What are the exact reasons? Why do international trades happen with US Dollars? Will some other currency be able to topple US Dollars as world's reserve currency?
 
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USD is used as the world's reserve currency due to several factors starting from the Breton Wood agreement, where at that time USD was pegged to gold and other countries were pegged to USD, the US economic power is very dominant in the world or other countries so that it has an impact on global trade, International traders and investors trust the most reliable USD, in any country USD is easier to convert into local currency,
 

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