I think there will be two poles in a multipolar world based on two spheres of influence – the Chinese and American spheres. That is putting it in old fashioned nationalist terms. Another way it is being framed by America is freedom/democracy vs autocracy. China will frame it differently as wealth distribution vs wealth inequality. That is a good debate to have and the two super powers competing can benefit many people just like it did in the last cold war.
More than two reserve currencies will be too confusing.
Both super powers are likely to offer a modern digital CBDC, maybe backed by Gold or Bitcoin. This will make their reserve currency more appealing to countries in their sphere of influence.
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