The new BRICS payment system

Gathered Wednesday at a summit in the Russian city of Kazan, the members of BRICS adopted a joint declaration calling for the creation of an independent payment

The new BRICS payment system, primarily initiated by China and Russia, also known as “BRICS Pay,” is a planned independent and decentralized payment messaging

BRICS Pushing Forward With Digital Cross-Border Payment

Russia has been pushing particularly

Russia has been pushing particularly hard for the BRICS bloc to consider an alternative payment network to replace the dollar-denominated SWIFT system. It's an

BRICS Nations Pushing Forward with Alternative Global Payment

BRICS Nations Unite to Challenge Western Financial

Keatinge added

China backs Russia-proposed BRICS payment system

BRICS’ Game-Changing Blockchain Payment System: The Future of

Keatinge added, however, that the new infrastructure would not be able to easily replicate the stability, liquidity and convertibility of the U.S. dollar that a number of

Russia is spearheading BRICS

Russia Outlines “BRICS Bridge” Digital Settlement Plans

Russia is spearheading BRICS’s push for a cross-border payment system using national currencies and digital assets. The initiative aims to strengthen BRICS’s financial