Tag: de-dollarisation
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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…