Tag: de-dollarization

BRICS Shift Toward CBDCs: A New Era in Global Economics and a Dollar-less Future

The BRICS nations purposefully switch economic transactions from the US currency to cryptocurrencies to promote their currencies.  The BRICS Pay system and Central...

BRICS Nations Collaborate on Groundbreaking Blockchain Payment System

BRICS nations are spearheading the creation of a groundbreaking payment system. The BRICS payment system, which leverages blockchain and digital currencies, embodies a...

India and UAE agree to settle trade in Rupees ahead of BRICS summit

The two nations will settle trade using the India Rupee and drastically cut foreign exchange costs. Real-time payment system will allow for seamless...

Russia’s aim to offset the dollar’s global dominance impacts the world of crypto

The dollar still maintains its dominance with a margin, with 60 per cent of foreign exchange reserves supported by central banks held in...