$ aaa ^U
# now "aaa" is the only thing in the kill ring
$ bbb ^U
# now kill ring is ["aaa", "bbb"]
$ ccc ^U
# now kill ring is ["aaa", "bbb", "ccc"]
$ ^Y
$ ccc
# alt+y cycles through the kill ring
$ bbb Alt+Y
$ aaa Alt+Y
$ ccc Alt+Y
$ bbb
etc. This likely feels completely natural if you're an emacs user. I don't know what the equivalent vi thing is.