Messari: BRICS+, MBridge and the new global order
The BRICS are coming, the landscape is changing, and the BRICS are building a new global order.

The BRICS are coming, the landscape is changing, and the BRICS are building a new global order.
Accenture has invested in fintech startup Emtech, aiming to enhance CBDC infrastructure for central banks. The partnership aligns with Accenture’s ongoing efforts to shape the future of digital currencies and modernise global banking systems.
The financial world faces potential upheaval as Saudi Arabia ends its 50-year petrodollar deal with the US. Instead, Saudi Arabia's central bank has joined BIS’s CBDC Project mBridge. As power becomes more equitably distributed globally, is the US facing an imminent economic downfall?
Ethena Labs' USDe stablecoin faces scrutiny amid comparisons to Terra's troubled history, prompting reflection on risk management strategies.
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On February 16, Ethena Labs, the developer of Ethereum-based stablecoin USDe, completed a US$14 million strategic round of financing at a valuation of US$300 million.
At present, Bitcoin Layer 2 has become a craze, and it is said that there are dozens of projects that self-position themselves as "Bitcoin Layer 2" on the market.
Bybit has forged a strategic alliance with Ethena Labs, bringing forth Ethena's USDe stablecoin to the Bybit platform. USDe, a decentralised monetary solution, operates independently from traditional banking systems. It leverages delta-hedging staked Ether (ETH) for comprehensive collateral backing.
Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, announced yesterday that in the coming months, they anticipate launching the second tokenized green bond.
BitVM, introduced by ZeroSync, aims to enhance Bitcoin's smart contracts, making it more expressive and capable without requiring a consensus upgrade