

The Euro has a few problems that keep it from being a reserve currency. A big one is that it’s not a centralized currency, since each EU member has their own fiscal policy. This creates a lot of risk with limited upside.
Europe also doesn’t make enough stuff at the international level to need to get lots of Euros. Europe also doesn’t seem culturally interested in being a global reserve and is more content being regional.


The top 20 appears to be play time, but it would be nice if it was ever really mentioned.