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BRICS breakthrough: Russia and Iran declare war on SWIFT!
Russia and Iran plan SWIFT exit: New payment system within BRICS, US dollar affected, secret until 2025.
BRICS breakthrough: Russia and Iran declare war on SWIFT!
Russia and Iran are forging a bold financial adventure: get rid of the well-known SWIFT! The BRICS heavyweights are flirting with a brand new payment system that is intended to make the SWIFT mechanism, which is very rooted in the West, look old. And yes, the intention is clear: get rid of the US dollar in cross-border transactions! The plan of the sanctioned nations? Their local currencies should take over – and perhaps even become the de facto currency for global trade.
The secret slogan in Moscow and Tehran? “No more SWIFT,” is heard through the streets, albeit behind closed doors. The Iranian ambassador to Russia, Kazem Jalali, estimates: “2025 could be our year when financial issues in Russian-Iranian relations are finally resolved.” The Bild newspaper is delighted - this is about nothing less than a possible bang on the global financial stage! Russia and Iran are still keeping the details of their new payment structure under wraps, but what the future cross-border payment transactions will look like remains exciting see the report on watcher.guru.
And the consequences? A new financial wind could soon blow through the BRICS countries! Russia and Iran could use their alternative SWIFT model to attract other emerging countries to their revolutionary side. Is the era of US dollar dominance over? The rumor mill is already abuzz!