⚡ JUST IN: BRICS nations are discussing linking their fast-payment systems and CBDCs for cross-border trade.
Six of the bloc’s 11 members already have CBDCs in pilot or rollout stages, including China, India, Russia, Brazil, the UAE and Iran.
The plan could make local-currency trade faster and cheaper while reducing reliance on the US dollar.
$BTR $CAP $CYS
Six of the bloc’s 11 members already have CBDCs in pilot or rollout stages, including China, India, Russia, Brazil, the UAE and Iran.
The plan could make local-currency trade faster and cheaper while reducing reliance on the US dollar.
$BTR $CAP $CYS