The BRICS alliance (Brazil, Russia, India, China, South Africa) has just officially confirmed that it is working on a new international coin. This is not just another economic news — it is a strategic move with global implications.
What changes?
The real objective: to create a trading system that operates without depending on the dollar or SWIFT. This is not new in theory, but BRICS is now putting it into practice with backing in gold and commodities — which would give it immediate credibility.
Why it matters:
Russia has been looking for alternatives for years following Western sanctions.
China wants to internationalize the yuan without going through Western intermediaries.
The Global South countries (Iran, Egypt, Saudi Arabia) are interested in joining
Financial implications
If this succeeds, we would expect to see:
Gradual weakening of USD demand in BRICS bilateral trade
Greater adoption of cryptocurrencies and precious metals as a hedge against the volatility of fiat currencies
Reconfiguration of global trade flows
The crypto perspective
Since Bretton Woods (1944), the dollar has been the reference coin. A genuine multipolar monetary system could accelerate the adoption of alternative assets — not as a replacement, but as diversification tools.
Meanwhile, Bitcoin remains the only asset that operates without the need for geopolitical intermediaries. Something to think about.
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BRICS plans to launch coin: the beginning of the end for the dollar?
The BRICS alliance (Brazil, Russia, India, China, South Africa) has just officially confirmed that it is working on a new international coin. This is not just another economic news — it is a strategic move with global implications.
What changes?
The real objective: to create a trading system that operates without depending on the dollar or SWIFT. This is not new in theory, but BRICS is now putting it into practice with backing in gold and commodities — which would give it immediate credibility.
Why it matters:
Financial implications
If this succeeds, we would expect to see:
The crypto perspective
Since Bretton Woods (1944), the dollar has been the reference coin. A genuine multipolar monetary system could accelerate the adoption of alternative assets — not as a replacement, but as diversification tools.
Meanwhile, Bitcoin remains the only asset that operates without the need for geopolitical intermediaries. Something to think about.