One of the casualties of the European war was money. Nazi-affiliated regimes in occupied countries had printed so much of the local currencies to support the Axis’s war effort that the money in Europeans’ pockets was not even worth the paper it had been printed on. And even in countries that had escaped occupation, such as Britain, the costs of war and the collapse of trade had led to a combination of government indebtedness and value destruction that rendered the currency worthless, at least in the arena of international trade. In short, the greenback was the only currency left standing and capable of lubricating world trade.
kinda obvious in hindsight but I don't think I realised this before