There's only one money and it's monero.
this post was submitted on 05 Sep 2025
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Maybe brics will bring us an alternative to visa/mastercard… :P
Sort off already exists, but nationally, in Brazil there is "pix " an electronic payment system, recently even saw some news of european countries trying to copy how it works (adapt it), something along those lines.
If anything the Euro would need to do it. Europe, Canada, Japan, they won't trust a BRICS currency. Within BRICS it might work but it wouldn't replace the dollar in that case.
The point would be to not be tied to a single currency
The BRICS currency would be a single currency, administers by an assortment of countries. In essence the BRICS currency would be just like the Euro but with an international pariah (Russia) and a country with a history of heavy-handed policy towards business (China) being major players.
Thats not convincing me that he gave up his Russian asset status