BRICs Lays Groundwork for Blockchain Payments to Challenge US Dollar Hegemony

The BRICS bloc, comprised of Brazil, Russia, India, China, and South Africa, is laying the groundwork for a blockchain-based payment system. This initiative is seen as a direct challenge to the US dollar’s hegemony in international transactions. BRICs Flocks to Blockchain According to Kremlin aide Yury Ushakov in an interview with TASS, the creation of an independent BRICS... source: https://beincrypto.com/brics-blockchain-payments-challenge-us-dollar/