On the occasion of the BRICS Business Forum, the nations of this emerging alliance unveiled their brand new cross-border payment system: BRICS Pay. This initiative represents a clear intent to reduce dependence on the US dollar, a currency still predominant in global transactions. As the BRICS seek to emancipate themselves from the financial influence of the United States, the creation of an autonomous payment system could very well redefine the rules of international trade.
L’article The BRICS Unveil Their Revolutionary Payment System: Soon The End Of The Dollar Monopoly? est apparu en premier sur Cointribune.