BRICS Central Banks Confirm XRP Ledger Use to Challenge Dollar

BRICS Central Banks Advance XRP Ledger Pilots to Reduce Dollar Dependency and Modernize Global Payments

  • BRICS countries have been working on using the XRP Ledger for financial infrastructure projects.
  • Documents show that central banks in the BRICS group are testing XRP to move away from U.S. dollar reliance.
  • Brazil’s central bank confirmed it is actively testing Ripple technology in research and pilot projects.
  • BRICS nations are developing long-term strategies for using blockchain and tokenization in cross-border payments.
  • Evidence points to years of preparation for integrating XRP Ledger into alternative international payment systems.

Central banks in the BRICS group—Brazil, Russia, India, China, and South Africa—have advanced projects using the XRP Ledger as part of their ongoing efforts to modernize financial systems and reduce reliance on the U.S. dollar.

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Recently, documents shared by Versan Aljarrah of Black Swan Capitalist showed that developmental institutions and central banks in these countries have been exploring and implementing XRP Ledger infrastructure in payment initiatives. These efforts specifically aim at reshaping international payments and creating alternatives to U.S. dollar-dominated settlement frameworks.

Archived materials from BRICS economic forums and the New Development Bank highlight several projects where Ripple technology’s features, such as automated escrow and programmable transactions, were studied for trade finance and settlement solutions. According to these materials, BRICS’ adoption of the XRP Ledger has driven significant research and pilot testing in cross-border transactions.

Brazil’s central bank has played a key role by confirming its active use of Ripple in proof-of-concept studies and digital asset testing. Private-sector companies in Brazil are also building tokenization and agribusiness financing projects on the XRP Ledger, giving regulators opportunities to observe real-world network performance.

Ongoing references to XRP technology in BRICS policy documents indicate a coordinated multi-year strategy. These documents show systematic and planned efforts, not just speculation, aimed at preparing for large-scale implementation if chosen to move forward.

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Though none of the BRICS countries have fully moved their national payment systems to the XRP Ledger, the recurring emphasis in both policy and technical reports signals that groundwork is underway for a potential shift. If fully adopted, XRP Ledger’s ability to allow quick and programmable payments may streamline global transactions and allow member nations to bypass traditional dollar-based systems.

Multiple years of documentation and technical research now provide substantial evidence that BRICS nations are positioning themselves for possible deep integration of the XRP Ledger in future international payment channels. For more information on related developments, see XRP Goes Live for 60M Air China Travelers Worldwide and China Releases BRICS Trade Index Showing Record Gains Since 2009.

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