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Last updated: June 17, 2025, 08:00  |  Written by: Mike Novogratz

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The Brics Have No Choice

The BRICS have no choice but to use the USD. Despite Brazilian President Lula da Silva's efforts to create a currency for settling payments among BRICS nations, Bank

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Bank Of America Securities Says

BRICS Won’t Overtake US Dollar, Bank of America Says - CryptoRank

Bank of America Securities says that the global dominance of the US dollar is not in any way under threat, due to there being “no other currency alternatives” available.

Can BRICS dethrone the US dollar? It’ll be an uphill

Just In

JUST IN: ???????? Bank of America says US dollar global dominance is not under threat and BRICS, Yuan & crypto are not alternatives. However, Bank of America remains

The global dominance and privilege of the U.S. dollar are not under threat since there are no other currency alternatives available, Bank of America Securities said.

Bank of America says BRICS’ won’t succeed in killing

U

U.S. President-elect Donald Trump has warned the BRICS countries that if they attempt to replace the “mighty U.S. dollar” they would face “100 percent tariffs and should

Mike Novogratz can be reached at [email protected].

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