BRICS Unveils New Payment System: Key Details Revealed
The BRICS alliance has rolled out a major update, officially announcing its blockchain-based payment system. Russian President Vladimir Putin shed some light on this project during the Russian Energy Week forum in Moscow. Putin spoke about the nagging trade issues like sanctions and Russia’s limited access to SWIFT, making international banking a real headache. In a bold move, he revealed that BRICS is creating its own payment and settlement system to ensure all foreign trade is handled smoothly and independently. Essentially, this system aims to bolster the usage of national currencies over the US dollar, a big step in their de-dollarization efforts.Für weitere Informationen, siehe die aktuelle Berichterstattung auf watcher.guru.
Rumor has it, this project might go live during next month’s annual BRICS summit. The whole discussion is expected to revolve around weaning off the US dollar in favor of native currencies within the bloc. This new system is not just a flashy announcement; it could be a real game-changer for global trade among BRICS countries. Putin emphasized that the BRICS partners are super keen on this transition. If successful, BRICS Pay will streamline international transactions, making trade settlements in local currencies easier than ever. As they say, the proof of the pudding is in the eating, and this new payment system could be the pudding BRICS needs.Mehr Details zu diesem Thema finden sich in einem ausführlichen Bericht auf watcher.guru.