King dollar will continue to reign supreme for 3 key reasons despite rising talk of de-dollarization

• The US dollar is king and its reign won't end any time soon, according to LPL's chief global strategist Quincy Krosby.
• Recent currency moves by China and Russia have led to increased reports of a "de-dollarization" movement.
• But there are 3 key reasons why the US dollar won't be dethroned, according to Krosby.

Efforts by China to turn its yuan into a top global reserve currency have sparked fears about the potential downfall of the US dollar, but that's not happening any time soon according to one Wall Street strategist.