Tag: BRICS

  • BRICS pursues de-dollarisation with blockchain-based payments

    BRICS pursues de-dollarisation with blockchain-based payments

    The BRICS countries (Brazil, Russia, ⁤India, China, and South Africa) have announced their intention to pursue de-dollarisation by exploring‌ the use‍ of blockchain-based payments for their international transactions. This move comes in response to increasing concerns about the dominance ⁣of the US dollar ⁢in ⁢global trade and ⁤finance, and the potential risks associated with relying…