BRICS vs. USD: How blockchain can create prosperity, peace

Quick Summary:

The dominance of USD is facing competition from BRICS, an intergovernmental organization that accounts for 35% of global GDP, and only time will reveal whether a new monetary system will emerge.The post BRICS vs.

USD: How blockchain can create prosperity, peace appeared first on CoinGeek.

Depending on what happens in the next few years and what decisions it makes in response, it could challenge the dominance of the USD within BRICS itself and create a new monetary system to rival the one we have today.

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Article Details

Author / Journalist: Gavin Lucas

Category: Crypto

Markets: CanadaChinaFranceGermanyIndonesiaJapanSouth KoreaUnited KingdomUnited States

Topics: RMB Yuan Free Trade Digital Payments Globalization BRICS Finance USD

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-21 @ 08:00:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 1266 words

Reading Time: 8 minutes read

Sentences: 54 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 25313381

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