BRICS

BRICS Currency Strategy Focuses on Payment Systems, Not Dollar Collapse

BRICS countries are developing new payment systems to reduce reliance on the U.S. dollar. No unified BRICS currency currently exists; efforts center on infrastructure like...

India Rejects BRICS De-Dollarization, Supports US Dollar in Trade

India confirmed it will not participate in BRICS plans to reduce dependence on the U.S. dollar. Indian officials stated there are no current discussions about...

Trump Tariff Threat Derails BRICS Push for Common Currency

BRICS alliance slowed its efforts to challenge the U.S. dollar following tariff threats from former President Donald Trump. The group had previously shifted...

BRICS Nations Boost Local Currency Trade, Drop Joint Currency Plan

BRICS countries are increasing use of local currencies in trade settlements. The alliance did not discuss the creation of a new joint currency during the...

BRICS 2025 Summit Ignores New Currency, De-Dollarization Plans

BRICS leaders did not discuss launching a new common currency or a de-dollarization agenda during the 2025 summit. The summit took place in Rio de...

Putin: 90% of BRICS Transactions Now Settled in Local Currencies

BRICS confirmed that 90% of all transactions among member countries are now settled in local currencies. The announcement came during the 2025 BRICS summit in...

Symbolic 200 BRICS Bank Note Unveiled at 2025 Summit Sparks Buzz

A 200-denominated BRICS bank note appeared at the 2025 St. Petersburg forum, generating discussions online. The note features flags and national birds of all BRICS...

BRICS to Launch Multilateral Guarantee Fund at Rio Summit

BRICS plans to introduce a new investment guarantee fund for member countries. The fund will be supported by the New Development Bank to reduce financing...

Latest news

Mastercard Launches AI Payment Platform for Machine Transactions

Mastercard launched Agent Pay for Machines, a new platform enabling AI agents to autonomously transact using cards, bank accounts,...

Metaplanet Considers Share Buyback Amid Low Bitcoin NAV

Metaplanet's CEO says the company will strongly consider buying back its own shares as its stock trades below the...

Prediction Markets Overtake Onchain Gambling in Q1 2026

TRM Labs data shows prediction markets surged to $36.6B in Q1 2026, overtaking onchain gambling's $14B.Both sectors grew rapidly...