Browsing Tag
BRICS
1830 posts
BRICS: New Country Ready to Back Currency With Gold, Ditch US Dollar
The African nation Ghana is looking to back its local currency, the Cedi with gold. Ghana’s Vice President…
BRICS to Launch Crypto Exchange and Yuan-Pegged Stablecoin
BRICS Founder Russia has unveiled plans to launch state-backed crypto exchanges with the Chinese Yuan and BRICS-pegged stablecoins…
BRICS: Russia Plans To Link the Chinese Yuan For New Stablecoin
Russia has unveiled plans to launch two State-linked cryptocurrency exchanges to integrate digital payments for trade settlements. The…
BRICS: New Gold-Backed Currency Gains Steam & Challenges the US Dollar
Inspired by the BRICS de-dollarization agenda, Zimbabwe launched a new gold-backed currency, the ZIG, early this year to…
BRICS Drive US Dollar Global Reserves to Record Lows in 2024
In what is a clear signifier of the BRICS de-dollarization success, US dollar global reserves have plummeted to…
BRICS Nation Officially Enters Top 5 Global Economies in Notable Shift
The BRICS alliance has seen yet another member country officially enter the top 5 global economies in an…
BRICS: Local Currencies Knock-Out the U.S. Dollar This Week
The U.S. dollar is facing stiff competition from local currencies this week taking the top spot in the…
BRICS Calls Its Payment System a Global Bombshell as it Nears Arrival
The BRICS economic alliance has called its incoming payment system a global bombshell as it nears its long-awaited…
BRICS Makes Major Announcement on Alliance Expansion
The BRICS alliance invited six new countries to join the bloc in 2024. Out of the six, four…
More Than 50 Countries Could Accept BRICS Payment System
The BRICS alliance is planning to create an independent payment system to settle cross-border transactions among member nations.…