BRICS Is a Key Platform for the Global Majority Lavrov

Ripple’s XRP may enable BRICS to ditch dollar and settle trade in gold

Russia’s SWIFT exclusion in 2022 spurred alternative system planning. BRICS members seek autonomy in international settlements. XRP’s speed and cost-efficiency seen as ideal for institutional use. A new theory circulating among cryptocurrency and geopolitical analysts suggests that BRICS nations—Brazil, Russia, India, China, and South Africa—may be working behind the scenes to develop a gold-backed financial system using Ripple’s XRP Ledger. Thi…

BRICS may adopt Ripple’s XRP to bypass dollar in gold-backed trade push

Russia’s SWIFT exclusion in 2022 spurred alternative system planning. BRICS members seek autonomy in international settlements. XRP’s speed and cost-efficiency seen as ideal for institutional use. A new theory circulating among cryptocurrency and geopolitical analysts suggests that BRICS nations—Brazil, Russia, India, China, and South Africa—may be working behind the scenes to develop a gold-backed financial […] The post BRICS may adopt Ripple’s…

BRICS is a key platform for the global majority Lavrov

The Russian foreign minister has said the group now represents half of the worlds population and 40% of global GDPThe BRICS group has become a leading platform for aligning the interests of the global majority, Russian Foreign Minister Sergey Lavrov said on Thursday in a video message to participants of the 2nd BRICS Women's Entrepreneurship Forum.With its current membership, Lavrov said,