BackD’s BRICS stablecoins—a digital currency ecosystem backed by the Dirham (AED), Rupee (INR), Ruble (RUB), and ...

BRICS Pay provides a single platform for payments across BRICS nations, facilitating cross-border transactions directly in ...

BRICS nations are developing alternative payment systems and potentially a new currency backed by gold and local currencies ...

If there’s one thing the recent BRICS summit in Kazan revealed, it’s that when you divide the world into the West and the ...

During their October 2024 summit, BRICS nations affirmed their efforts to establish an alternative payment system that aims ...

CBDCs could help end the US dollar dominance in global trade, but that is still a long way off due to complex legal and ...

JAISHANKAR ASSERTS INDIA’S GLOBAL STRATEGIC AUTONOMY ON THE EVE OF LAST MONTH’S BRICS SUMMIT IN RUSSIA External Affairs Minister Jai Shankar has rightly cold-shouldered Russia, China, and Iran Axis’ ...

Not all countries are yet ready to cooperate in establishing an alternative payment system also, says Kremlin spokesman - ...

“The dollar remains the most important tool in global finance but using it as a political weapon undermines trust in the currency,” Putin remarked. He stated that BRICS will not fight against ...

Putin's photo with a colorful mock-up BRICS banknote sparked currency speculation, later clarified as unofficial. (Image: IE) A photo of Russian President Vladimir Putin holding what appeared to ...

When launched, the digital currency represents a bold step towards economic independence The BRICS nations (Brazil, Russia, India, China, and South Africa) have been exploring ways to reduce their ...