• 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

Urals Crude Prices Plummet Amid US Sanctions

chest

Urals crude oil prices have dropped to around $34 a barrel, signaling the impact of US sanctions on Russian oil producers.

user avatarMaya Lundqvist

Drone Strike Near Rostov Causes Fire on Oil Tanker

chest

A drone strike near Rostov resulted in a fire on an oil tanker, highlighting the escalating energy conflict between Ukraine and Russia.

user avatarLeo van der Veen

Participants Earn Tokens by Answering Daily Question on Beetz

chest

Participants earn tokens by answering the daily question on Beetz.

user avatarLi Weicheng

Beetz Daily Answer the Oracle for December 23, 2025, Released

chest

The Beetz Daily Answer the Oracle for December 23, 2025, is now available inside the official Telegram bot. Participants can earn tokens by answering a daily question.

user avatarAisha Farooq

Casual Game Night Sparks Innovative Verifiable Tournaments

chest

A casual game night has sparked the idea for verifiable tournaments involving EigenCloud and OpenFront, showcasing innovative gaming technology.

user avatarTenzin Dorje

OpenFront Hosts First Blockchain-Integrated Gaming Event

chest

OpenFront has hosted its first event integrating blockchain technology into gaming tournaments, marking a significant milestone in the gaming industry.

user avatarBayarjavkhlan Ganbaatar

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.