Deutsche Bank reveals: BRICS converts 28% of its business into cryptos!
Deutsche Bank confirms: BRICS conducts 28% trading in crypto. Increases pressure on US dollar, strengthens local currencies.
Deutsche Bank reveals: BRICS converts 28% of its business into cryptos!
Crash, boom, bang! Deutsche Bank throws a financial bomb! BRICS, the economic powerhouse, is catapulting itself into the crypto future. A whopping 28% of their trades are now conducted in cryptocurrencies! A masterstroke that is shaking the global dollar dominance! This bold move comes at a time when the economic alliance is doing everything it can to end dependence on the US dollar. Emerging markets goodbye dollar, hello crypto!
The eye-opener from Deutsche Bank shows: Crypto transfers from the BRICS countries have shot up by a whopping 147%. Russia in particular is doing a hot dance on the crypto stage – from 2.9 million to 24.5 million users in 2024. No joke! More on what this means for the dollar on watcher.guru.
Expertise with a bang: Matthew Sigel from Vaneck emphasizes on X that cryptocurrencies are emerging as a strategic financial tool in the context of geopolitical tensions. The BRICS nations are leading the way and showing that crypto is not just hype, but is actually revolutionizing the financial landscape. Now everyone is asking the question: Is the dollar's reign over? Pure excitement!