BRICS Eye Stablecoin Launch To Reduce The Influence Of The US Dollar — Will Ripple’s XRP Be Utilized?

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BRICS considering a stablecoin launch for international trade settlement

BRICS member nations plan to launch a stablecoin as an alternative to the US dollar for settling cross-border transactions. BRICS pushes de-dollarization with stablecoins The bloc, which includes Brazil, Russia, China, India, South Africa, UAE, Iran, Ethiopia, and Egypt, has debated using virtual assets for global settlement for a while. дальше »

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BRICS weighs in on using stablecoins in settlements, Russian official says

BRICS members explore stablecoin payments and a platform to conduct CBDC payments, aiming to enhance financial cooperation, a Russian official says. Stablecoins might become a tool for international settlements among BRICS members, as the alliance has already set up a… дальше »

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BRICS Nations Challenge US Dollar Dominance: Blockchain Payment System In The Works

The winds of change are whistling through the global financial system. The BRICS alliance, a formidable economic force comprising Brazil, Russia, India, China, South Africa, and newly added members, is revving up its engine for a revolutionary new payment system. дальше »

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BRICs Lays Groundwork for Blockchain Payments to Challenge US Dollar Hegemony

BRICS is setting the stage for a financial revolution by developing a blockchain-based payment system, signaling a bold move away from the US dollar. This initiative, highlighted by Kremlin aide Yury Ushakov, aims to create a more inclusive, efficient, and politically neutral global financial infrastructure. дальше »

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Kremlin hopes to cut US dollar reliance with blockchain in BRICS

Moscow wants to establish an autonomous BRICS payment system, leveraging digital currencies and blockchain in an effort to decrease its dependency on the U.S. dollar. In an interview with the Russian state-owned news agency TASS on Feb. 5, Kremlin aide… дальше »

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BRICS Will Create Payment System Based on Digital Currencies and Blockchain: Report

The five-nation BRICS group comprising Brazil, Russia, India, China and South Africa will work on creating a payment system based on blockchain and digital technologies, a report by Russian news agency TASS said. дальше »

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Resecurity предупредила о мошеннических токенах BRICS

Компания по кибербезопасности Resecurity предупредила о фейковых токенах BRICS и сообщила, что мошенники стали часто выпускать фальшивые криптоактивы от имени фирм из списка Fortune 100. дальше »

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Milei’s Argentina reverses course on BRICS, signaling shift toward stronger US relations

Argentina will not join the BRICS emerging economies bloc as planned next year, a senior official on President-elect Javier Milei’s transition team announced Thursday. Incoming Foreign Minister Diana Mondino stated on X: “No ingresaremos a los BRICS (we will not join BRICS). дальше »

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Argentina rejects BRICS invitation amid Milei’s rise to power.

Argentina's stance against BRICS membership takes center stage as Milei, a vocal critic, prepares to implement drastic economic changes. дальше »

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FOMC, BRICS de-dollarization, and the future of crypto

With the BRICS nation exploring de-dollarization to minimize the impact of FOMC policies on the global market, does crypto have a role to play? дальше »

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BRICS Summit Reignites De-Dollarization Debate at Critical Time for US

The dollar will continue to dominate dollar trade, BRICS leaders say, but in the meantime need to be able to trade freely without converting local currencies to the greenback. The post BRICS Summit Reignites De-Dollarization Debate at Critical Time for US appeared first on BeInCrypto. дальше »

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Gold-backed BRICS currency will be ‘very hard’ to deliver: Lyn Alden

A common currency would be challenging for Brazil, Russia, India, China and South Africa to initiate and maintain, but it could have an impact on Bitcoin, investment strategist Lyn Alden says. дальше »

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BRICS and Bitcoin: Reshaping The Global Financial Landscape

The growing interest of several nations to join the BRICS alliance indicates a potential shift in the global financial landscape, posing a significant challenge to the dominance of the U. S. dollar. дальше »

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BRICS: History, objectives and an overview of the global alliance

Explore how the emerging economies of Brazil, Russia, India, China and South Africa cooperate in areas such as economics, development and global governance. дальше »

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Could Bitcoin Replace BRICS’ Reliance on the US Dollar?

Bitcoin could emerge as a surprising alternative currency to BRICS nations seeking independence from the US dollar. The post Could Bitcoin Replace BRICS’ Reliance on the US Dollar? appeared first on BeInCrypto. дальше »

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Bangladesh takes formal steps to join BRICS coalition

Bangladesh has made an official request to join the BRICS coalition, as reported by the Dhaka Tribune. дальше »

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The Adoption of Cryptocurrencies in Arab Nations: Examining Saudi Arabia’s Recent Move

As governments look for alternatives to established financial institutions in an interconnected world, the rise and use of cryptocurrencies have accelerated. According to recent reports, Saudi Arabia, a significant Arab country, is seeking to join the BRICS New Development Bank (NDB). дальше »

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Justin Sun speaks on trueUSD growth, looks to acquire a BRICS tender

In a recent interview on Bloomberg, TRON founder Justin Sun discussed the recent trueUSD growth. This comes as tron looks to acquire a legal tender with BRICS. дальше »

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Breaking Dollar Hegemony, BRICS Nations Are Leading The World To Hyperbitcoinization

How the emergence of BRICS as an alternative to the U.S. dollar’s global dominance will usher in worldwide bitcoin adoption. дальше »

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Russia talks up prospects of BRICS countries developing new currency

A top Russian official has reportedly claimed that the countries of the BRICS alliance — Brazil, Russia, India, China and South Africa — are working on creating their own currency. дальше »

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Universa Blockchain to Power Swiss-based Digital Bank for BRICS Member States

Continue reading at Coinspeaker дальше »

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Russia Leads Multinational Stablecoin Initiative

Could Russian lead BRICS countries in finding innovative solutions to the functioning of the current global framework in transitioning to green economies

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BRICS Nations Discuss Shared Crypto to Break Away From USD and SWIFT

BRICS countries are discussing the launch of a cross-national cryptocurrency to replace the U.S. dollar and enable freedom of trade

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BRICS Business Council Greenlights the Launch of a Single Cryptocurrency Payment System

In a bid to facilitate swift payments between BRICS countries, the BRICS Business Council has proposed the creation of unifying cryptocurrency in a forum in Brazil. The crypto asset will be used as a single payment system for settlements between member countries of the union, according to an RBC report on November 14, 2019. дальше »

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Not only China: BRICS countries will launch cryptocurrency “BRICS”

The BRICS countries summit in Brazil, which is being held behind closed doors, discusses the issue of launching a common cryptocurrency of five countries. As it turned out, the rumors about the imminent death of the cryptocurrency market due to the fact that IT giants turned their back on cryptocurrencies – are greatly exaggerated. First, […] дальше »

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Major Business Council Led by Russia and China Considers Crypto-Based BRICS Payment System

Cryptocurrencies might be the avenue to eliminate the dollar’s popularity; BRICS member countries discussed designing a digital currency in their latest summit. According to RBC, a Russian news outlet, the BRICS member states are considering a common payment settlement system. дальше »

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BRICS Nations Ponder Digital Currency to Ease Trade, Reduce USD Reliance

The BRICS association of major emerging economies has discussed developing a digital currency to facilitate trade between member nations. дальше »

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BRICS discusses plans for 'common cryptocurrency' to reduce USD dependence

Today, it's fair to say that many countries across the globe are looking at the prospect of alternatives to the present-day monetary system. Cryptocurrencies have emerged as one of these options latelThe post BRICS discusses plans for 'common cryptocurrency' to reduce USD dependence appeared first on AMBCrypto. дальше »

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Crypto for Mutual Payments Discussed by Russia, China, and Other BRICS Countries

The BRICS countries could launch their own cryptocurrencies to shift away from the US Dollar дальше »

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Russia Sets Up A SWIFT Alternative With India, China, & Iran To Connect Over 40% Of World Population

Russia’s SWIFT alternative (SPFS) is all set to connect both India and China. This system will connect more than 41% of the world’s population that will be a big step towards a non-dollar world. According to an RT report, members of BRICS trade bloc, India, Russia, and China decided on Monday to connect their financial […] дальше »

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На территории БРИКС может появиться единая платежная система

Государства БРИКС (Бразилия, Россия, Индия, Китай, ЮАР) планируют разработать объединенную систему платежей BRICS Pay. Об этом пишут «Известия» со ссылкой на представителей Российского фонда прямых инвестиций (РФПИ). дальше »

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Russian Official: BRICS Countries Continue Unified Payments Systems Developing, No Plans for Bitcoin in Near Future

Last week, the news that Russia is considering investing huge amount of money into Bitcoin as a means to invade US sanctions spread like fire. Given the fact that Russia has been working on de-dollarization plans for a long time now while looking for an alternative reserve currency further put force behind this news. This […] дальше »

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BRICS Countries Sign Blockchain Agreement

The state owned development banks of China, Russia, Brazil, India and South Africa signed an agreement last month at the 10th BRICS summit in Johannesburg to collaborate on blockchain research in the. дальше »

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BRICS State Development Banks to Study Blockchain Technology

Brazil, Russia, India, China and South Africa want to understand if distributed ledger technology can help them in the digital era.

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Brazil, Russia, India, China & South Africa (BRICS) Banks To Explore Blockchain Benefits

The application of blockchain technology to a myriad of global developmental problems continues to be one of the most interesting aspects of the evolution of the tech in recent years. Countries with the willingness to apply the technology in unique and exciting ways are able to make impressive strides in terms of innovation. Blockchain technology […] дальше »

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BRICS Summit: Major Banks From Member States Sign MoU on DLT Research

Five major banks from each BRICS member state have agreed to conduct a joint study of blockchain tech implementation

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BRICS Bank Consortium to Research Blockchain Applications

BRICS nations' state-owned development banks plan to research blockchain technology for international transactions and other products. дальше »

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