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BRICS Adopts XRP as Independent Payment System

Jun 10, 2024

Russian President Vladimir Putin confirmed that BRICS has decided to create its independent payment system to avoid external influence and ensure autonomy in financial transactions. This move towards independence aligns with the selection of XRP as the preferred currency for the payment system. Furthermore, a cryptocurrency analyst's forecast suggests that XRP could potentially reach $10,000, driven by BRICS' endorsement and the expansion of tokenization. Opting for XRP as an alternative to the US dollar promises significant advantages for BRICS members.

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