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

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

Putin's proposed BRICS digital asset platform aims to boost investment in South Asia, Africa, and Latin America, enhancing ...

Unlike traditional economic unions like the European Union or military alliances like NATO, BRICS is not a formal trading bloc with a single currency or a unified political system. Instead ...

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 ...

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

This would enable users to make payments directly in local currencies, reducing the need for currency conversions and offering a seamless cross-border payment experience. BRICS Pay leverages ...

This initiative aligns with major developing and emerging market economies’ long-term aspiration of diversifying ...

Asad Mirza BRICS nations concluded their annual summit in the Russian city of Kazan, resolving to deepen economic ties. Plans ...

The newly launched BRICS currency bears the emblem of its member countries including Nigeria’s national colour, the ...

The 16th Annual BRICS Summit held in October in Russia provided multiple opportunities for emerging markets and developing ...