“Vladimir Putin” urged BRICS nations to adopt digital currencies to reduce their reliance on the U.S. dollar during a BRICS business summit in Moscow.
“Vladimir Putin” urged BRICS nations to adopt digital currencies to reduce their reliance on the U.S. dollar during a BRICS business summit in Moscow. He emphasized that developing countries could leverage opportunities in digital currencies, particularly referring to the digital versions of BRICS nations’ fiat currencies. Additionally, BRICS announced the launch of a new payment platform called “BRICS Pay,” designed as an alternative to the SWIFT system. These moves highlight BRICS’ efforts to establish an independent economic framework outside traditional power structures.
Source: bitcoinist.com
