Not sure that is specific Project 2025 item, though it is a consequence of Trump trade policy. US$ value is a function of total trade with US. A $ is not destroyed when it is sent abroad, and there is general appeal to use it to buy US assets to ensure the wealth to purchase more imports. Unjustifiable extortion is resulting in less capital inflows to US treasuries even as the colonies rulerships seemingly submit to the extortion.

As OP's charts show, China saved the US in GFC aftermath legitimizing their extreme QE and bailouts.