First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/04/05/a-brics-alternative-to-the-swift-payment-system-could-accelerate-de-dollarization-003097
<p><img src='https://www.moneymetals.com/uploads/content/BRICS-nations.jpg'/></p>With Russia taking the lead, the BRICS block is discussing a new payment system that isn’t controlled by the U.S. and is not dependent on the dollar. Such a system could accelerate de-dollarization.
<p><img src='https://www.moneymetals.com/uploads/content/BRICS-nations.jpg'/></p>With Russia taking the lead, the BRICS block is discussing a new payment system that isn’t controlled by the U.S. and is not dependent on the dollar. Such a system could accelerate de-dollarization.