• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Potential BRICS Payment System: Challenges for the U.S. Dollar

user avatar

by Giorgi Kostiuk

a year ago

  1. Growing Interest in BRICS Payment System
  2. Potential Gold-backed Currency
  3. Exploring Cryptocurrencies and Blockchain in BRICS


    4. Just weeks after the announcement of the BRICS Payment System, it has attracted global interest. A Russian official revealed that 159 countries have shown interest in adopting the system, which might be launched in October.

    Growing Interest in BRICS Payment System

    The surge in interest in the new BRICS payment system is linked to expectations that the U.S. might weaponize the SWIFT system against countries with tense relations with America.

    Potential Gold-backed Currency

    Among the discussions within BRICS, the possibility of creating a gold-backed currency is being explored. This initiative could significantly impact global financial markets.

    Exploring Cryptocurrencies and Blockchain in BRICS

    BRICS is also exploring the use of cryptocurrencies and blockchain for cross-border trade, with Russia leading in cryptocurrency adoption.

    The end of US dollar dominance. The world is abandoning the bully. The US won’t be able to raise debt. Money printing will be the only tool. Hyperinflation will destroy US assets. Expect the >biggest crash< in history.Kim Dotcom

    The BRICS payment system and the opportunities it opens up could significantly impact the global financial landscape and challenge the dominance of the U.S. dollar.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Uniswap Community Votes on Fee Switch and Token Burn

chest

The Uniswap community is voting on a proposal to activate fee switches and burn 100 million UNI tokens.

user avatarTenzin Dorje

US Policy Initiatives to Distinguish Bitcoin from Other Cryptocurrencies

chest

US policy initiatives are set to distinguish Bitcoin from other cryptocurrencies, potentially impacting regulatory frameworks and market stability.

user avatarBayarjavkhlan Ganbaatar

Unverified Reports Claim Dramatic Drop in SHIB Futures

chest

Unverified reports claim a significant decline in Shiba Inu (SHIB) futures, citing a drop as of December 20, 2025, but lack verification from credible sources.

user avatarMohamed Farouk

UNUS SED LEO Records Largest Daily Gain Among Top Cryptocurrencies

chest

On December 20, 2025, UNUS SED LEO recorded the largest daily gain of 8.75% among the top 100 cryptocurrencies, while MemeCore M posted the steepest decline, dropping 15.59%. This performance highlights the volatility and dynamic nature of the cryptocurrency market, potentially influencing investor decisions.

user avatarElias Mukuru

Support Areas Critical for TAO's Stabilization

chest

Key support zones identified for TAO's stabilization amid significant sell orders and bearish market structure.

user avatarDiego Alvarez

Technical Indicators Show Bearish Trend for TAO

chest

Technical analysis indicates a bearish structure for TAO, with MACD and RSI signaling renewed weakness.

user avatarKenji Takahashi

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.