BRICS BLOCKCHAIN

BRICS to create blockchain-based payment system –

March 5, 2024

The measure would be in line with the group’s plans to cut reliance on Western currencies and financial mechanisms

The BRICS group of emerging economies plans to create a payment system based on digital technologies, Yury Ushakov, a senior foreign policy aide to Russian President Vladimir Putin, has told TASS in an interview published on Tuesday.

According to Ushakov, the system would be “outside of politics” and would not depend on national agendas or the fiat currencies of countries around the globe.