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Last updated: June 18, 2025, 04:58  |  Written by: Sam Bankman-Fried

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Bricsa Powerful Coalition Originally Composed

BRICS: 21 Countries Officially Agree to Ditch the US Dollar in 2025

Which Two BRICS Nations Officially Agree To Ditch the US Dollar

BRICSa powerful coalition originally composed of Brazil, Russia, India, China, and South Africahas steadily expanded to include countries such as Saudi Arabia

Brics

BRICS: CIS Alliance Consisting of 12 Countries Ditch the US Dollar, Use Local Currencies For 85% Transactions. BRICS member Russia convinced the CIS bloc to

BRICS: 2 Countries Officially Agree To Ditch the US Dollar For Trade

On February 21, Trump threatened BRICS with tariffs of 150% for trying to create an alternative to the dollar. At the same time, he believes that the BRICS countries

Nearly

Developing countries fear U.S. sanctions could hurt their economies and, therefore, want to strengthen their local currencies and economies. The de-dollarization efforts

BRICS: 12 Countries Ditch US Dollar, Pay 85% Trade in Local

Nearly 20 countries are set to abandon the USD for native currencies in 2025. BRICS bloc, including new members Saudi Arabia, UAE, Egypt, Iran, and Ethiopia, leads the

India And Indonesia Have Officially

Nearly 20 more countries set to permanently ditch dollar in 2025

BRICS Countries officially abandon the US dollar for trade

India and Indonesia have officially agreed to ditch the US dollar for cross-border trade. The two BRICS nations will now conduct transactions using their national

Brics Members India And Indonesia

BRICS: Elon Musk Reveals Why Other Countries Are

BRICS members India and Indonesia have officially agreed to abandon the US dollar and settle cross-border transactions in local currencies. The decision to use local

The BRICS announced that they would continue to move away

Sam Bankman-Fried can be reached at [email protected].

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