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Tag: BRICS
BRICS Aims for Financial Independence: Launches Crypto Exchange and Stablecoin
BRICS, led by Russia and China, plans to launch crypto exchanges and a stablecoin pegged to the Chinese yuan to bypass US sanctions and reduce[continue...]
More Than 50 Countries Could Soon Ditch SWIFT: BRICS Payment System on the Rise
The BRICS alliance is developing an independent payment system that excludes the US dollar, allowing cross-border transactions in local currencies. Over 50 countries are interested[continue...]
US Federal Reserve Faces $1 Trillion in Losses as BRICS Challenges Dollar
The US Federal Reserve has surpassed $1 trillion in losses amid high interest rates and mounting national debt, exacerbating challenges to the dollar's stability. Meanwhile,[continue...]
