CHAIN DIVERGENCE BETWEEN

Last updated: June 16, 2025, 19:42  |  Written by: Olaf Carlson-Wee

Chain Divergence Between
Chain Divergence Between

With This Bold Leap

The BRICS payment system marks a significant step toward a multipolar global economy, reducing the dominance of the U.S. dollar and creating a more balanced

The BRICS Cross-Border Payment Initiative (BCBPI) will use national currencies, instead of the US dollar. Russia's finance ministry and central bank released a

With this bold leap, BRICS membersincluding Brazil, Russia, India, China, South Africa, Saudi Arabia, the UAE, Egypt, Ethiopia, Iran, and now Indonesiaare

(PDF) BRICS New Payment System: A Challenge to the US Dollar's

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Olaf Carlson-Wee can be reached at [email protected].

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