BRICS Countries Develop Blockchain Payment System to Challenge Dollar Dominance

BRICS countries are developing a blockchain-based payment system to challenge US dollar dominance in global transactions.

This is part of BRICS' efforts to reduce reliance on the US dollar for international trade and transactions.

Interest in joining BRICS economic bloc has surged, with over 3 dozen countries looking to become members.

Russia's digital ruble initiative marks progress towards financial independence from the West.

By adopting digital currencies and blockchain technology, BRICS aims to pave the way for a new global financial paradigm.