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theunit

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BRICS Launches Gold-Anchored “Unit” Currency Prototype BRICS nations have launched a gold-anchored digital settlement currency prototype called “The Unit,” designed to reduce dependence on the U.S. dollar and support cross-border trade settlement among member economies. Pilot Released: On October 31, 2025, BRICS+ researchers initiated a pilot of the gold-anchored Unit to test settlement between the bloc’s economies. Structure: The Unit is backed by a 40% physical gold reserve and a 60% basket of BRICS currencies (Brazilian Real, Chinese Yuan, Indian Rupee, Russian Ruble, South African Rand). Goal: It aims to settle trade without the U.S. dollar, protect against dollar volatility, and strengthen gold’s role in the global monetary system. Blockchain Use: The system is prototyped using blockchain infrastructure to support transparent pricing and settlement. While still a pilot project (not yet formally adopted by BRICS central banks), the Unit signals a meaningful step toward de-dollarization and elevates gold from passive reserve to an active instrument in international trade finance. #BRICS #GoldBackedCurrency #TheUnit #GlobalTrade #DeDollarization $PAXG
BRICS Launches Gold-Anchored “Unit” Currency Prototype

BRICS nations have launched a gold-anchored digital settlement currency prototype called “The Unit,” designed to reduce dependence on the U.S. dollar and support cross-border trade settlement among member economies.

Pilot Released: On October 31, 2025, BRICS+ researchers initiated a pilot of the gold-anchored Unit to test settlement between the bloc’s economies.

Structure: The Unit is backed by a 40% physical gold reserve and a 60% basket of BRICS currencies (Brazilian Real, Chinese Yuan, Indian Rupee, Russian Ruble, South African Rand).

Goal: It aims to settle trade without the U.S. dollar, protect against dollar volatility, and strengthen gold’s role in the global monetary system.

Blockchain Use: The system is prototyped using blockchain infrastructure to support transparent pricing and settlement.

While still a pilot project (not yet formally adopted by BRICS central banks), the Unit signals a meaningful step toward de-dollarization and elevates gold from passive reserve to an active instrument in international trade finance.

#BRICS #GoldBackedCurrency #TheUnit #GlobalTrade #DeDollarization $PAXG
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