BRICS 2026 Summit Pushes the Dollar Alternative to Stop Being Seen as a Fantasy
2026-08-05 20:03:39
According to CoinMeta, the BRICS 2026 Summit will be held on September 12-13 in New Delhi. The agenda of the conference will focus on payment infrastructure, rather than shared BRICS currencies. Although decoupling from the US dollar remains a focal point for various countries, the actual discussions will revolve around establishing cross-border BRICS payment systems to connect India's UPI, Russia's SPFS, and China's CIPS. According to the latest data, more than 85% of trade between BRICS countries at the beginning of 2026 was settled in their respective domestic currencies, which represents a significant increase from 65% at the end of 2024.
Source:Watcher.Guru
This content is for market information only and does not constitute investment advice.
Follow WalletJYS official accounts to stay updated
Hot Articles
Refresh

Web3: Circle obtains New York trust license, expanding USDC custody business.
07-31 22:04

Tesla reportedly plans to divest its China business to pave the way for integration with SpaceX.
07-31 21:54

web3: Foreign media: RWA perpetual contracts may expand faster than tokenization
07-31 21:24

Web3: Foreign media: Analysts say the real catalyst for XRP is not the Clarity Act.
07-31 20:55

Foreign media: Trump's children's accounts are unlikely to replace comprehensive family financial planning
07-31 20:24

