BRICS to Launch Decentralized Financial System To End U.S. Dollar

BRICS to Launch Decentralized Financial System To End U.S. Dollar

May 18, 2024

We Love Africa

The BRICS economic alliance is set to implement a geopolitical game-changer, as it is expected to launch a decentralized financial system to end the United States dollar. Indeed, the bloc is currently discussing the implementation of such a system with the BRICS+ Business Council, which could become official policy within the next year.

Named The Unit, the system is set to combat the growing challenges of geo-economic finance concerns. Moreover, the system is set to implement cross-border payment solutions as well as a newly implemented international currency under the BRICS infrastructure.

The BRICS economic alliance is set to launch a decentralized financial system to end the U.S. Dollar. According to Sputnik Global, The Unit is set to address some of the largest challenges facing geo-economic developments. Moreover, it will seek to completely shift how international trade and transactions take place.

The system is seeking to propose a transactional unit that will implement a brand-new international currency. This would be issued decentralized and recognized in regulatory standards at the national level.

Original: https://youtu.be/jD1smatIpG4

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