• BRICS Payment System gains traction, challenging U.S. Dollar dominance globally.
• Potential gold-backed currency by BRICS could reshape global financial markets.
• BRICS explores blockchain crypto for cross-border trade while Russia leads crypto adoption.

Just weeks after the BRICS Payment System was announced, it has attracted global interest. A Russian official revealed that 159 countries have shown interest in adopting the system, which might be launched in October. This development is viewed as a reaction to the expected U.S. weaponization of the SWIFT system, especially against nations with tense U.S. relations.

Tech entrepreneur Kim Dotcom also issued a stark warning about the future of the U.S. dollar. In his social media post, he forecasted the diminishing influence of the U.S. dollar, driven by what he perceives as global dissatisfaction with American economic policies.…

The post The BRICS Payment System: A Dollar Killer in the Making? appeared first on Coin Edition.

• BRICS Payment System gains traction, challenging U.S. Dollar dominance globally.
• Potential gold-backed currency by BRICS could reshape global financial markets.
• BRICS explores blockchain crypto for cross-border trade while Russia leads crypto adoption.

Just weeks after the BRICS Payment System was announced, it has attracted global interest. A Russian official revealed that 159 countries have shown interest in adopting the system, which might be launched in October. This development is viewed as a reaction to the expected U.S. weaponization of the SWIFT system, especially against nations with tense U.S. relations.

Tech entrepreneur Kim Dotcom also issued a stark warning about the future of the U.S. dollar. In his social media post, he forecasted the diminishing influence of the U.S. dollar, driven by what he perceives as global dissatisfaction with American economic policies.…

The post The BRICS Payment System: A Dollar Killer in the Making? appeared first on Coin Edition.