Chronicles - Sovereign Global Majority

Archives

BRICS New Payment System

  • The Russian Digital Ruble & BRICS Bridge

    Leaving the dollar-based system for good: What are the digital ruble and BRICS Bridge?

    By July 1, 2025, the largest Russian banks will have to provide their clients with the ability to conduct transactions in digital rubles, according to the Russian Central Bank. Pilot testing of the digital currency is underway with 12 banks participating in… Continue reading

  • BRICS New Payment System

    RT reports.  Unfortunately, there are no sources.

    159 Countries Set to Adopt BRICS New Payment System — reports

    Amid the alliance’s continued efforts to create a SWIFT alternative, the economic alliance has sought to create its very own BRICS payment system. It will play a major role in the alliance trade dealings, and limiting the need for… Continue reading