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Last updated: June 16, 2025, 23:50  |  Written by: Olaf Carlson-Wee

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India Officially Supports The Plan

BRICS De-Dollarization: India & Indonesia Ditch the US Dollar for

India officially supports the plan for the BRICS alliance to create a united payment system to ditch the US dollar. The idea was first proposed by Iran earlier this month, with the idea being to unite all of the BRICS members’ native currencies into

'Bombshell' BRICS Payments Platform To Ditch US

India Officially Supports The Plan

BRICS is Shaping a Future Without the Dollar - brics

India officially supports the plan for the BRICS alliance to create a united payment system to ditch the US dollar. The idea was first proposed by Iran earlier this month, with the idea being to unite all of the BRICS members’ native currencies into

BRICS: India and Russia Agree to Ditch US Dollar

This Initiative Was Proposed As

BRICS: India Supports Payment System to Ditch the US Dollar

This initiative was proposed as an alternative to the dollar-based trading system and a sanctions-resistant payments networkleveraging central bank-issued digital currencies backed by fiat currencies.

BRICS: India, Russia To Create New Payment Systems

India And Indonesia

India Wants New BRICS Payment System To Bypass US

India and Indonesia, two key members of the BRICS alliance, have officially agreed to abandon the US dollar for cross-border transactions, opting instead to settle trade in their respective local currencies.

India Backs BRICS United Payment System to Bypass US Dollar

India ‘takes note’ of new payment system proposed at BRICS

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

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