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BRICS Pushes Back: New Payment System to Rival SWIFT
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The BRICS countries are revolutionizing global finance with their own international payment system, aiming to bypass Western sanctions and reduce reliance on the U.S. dollar. In this video, we dive into the details of this new system, exploring how it works, the future of digital financial assets, and its impact on global trade. Will tokenized assets like oil and gold dominate cross-border transactions? How does BRICS Pay work, and what does it mean for Western financial infrastructure? Join us as we explore the future of global payments.
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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar." Views expressed in this video should not be relied on for making investment decisions or tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education and entertainment only.
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