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Last updated: June 17, 2025, 10:58  |  Written by: Jed McCaleb

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BRICS plans ‘multi-currency system’ to challenge US dollar

Consider This: Will BRICS dethrone the US dollar?

BRICS Expansion to De-Dollarization: Challenges and Market

Brazil

At the meeting, the leaders representing the BRICS (Brazil, Russia, India, China, and South Africa) nations discussed plans to reduce their dependence on the U.S. dollar.

US Responds to Massive BRICS Expansion Effort As

Brazil’s President has called for the creation of a common currency for trade and investment between BRICS nations to reduce vulnerability to dollar exchange rate

BRICS Currency May Not Upstage the US Dollar Anytime Soon

The BRICS countries aim to knock the dollar off its

BRICS 2025: Expansion, De-Dollarization, and the Shift

The Brics Cross

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 report

BRICS 2025: Expansion and the great de-dollarisation debate

Given the recent expansion of the “BRICs” countries to include five new members, will the US dollar remain the world’s reserve currency? Franklin Templeton Institute’s

At The Recent Brics Summit

Trade: BRICS expansion into payment systems poses

BRICS Countries officially abandon the US dollar for

At the recent BRICS summit hosted in Kazan, Russia, the bloc not only expanded its influence by welcoming new full members Iran, Ethiopia and the UAE, but it also

Jed McCaleb can be reached at [email protected].

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