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BRICS introduces new super currency: dollar ahead of major competition!
BRICS announces imminent introduction of a common currency to circumvent the US dollar. Security systems planned.
BRICS introduces new super currency: dollar ahead of major competition!
Watch out, the world of finance is upside down! The BRICS alliance, the powerful alliance of Brazil, Russia, India, China and South Africa, is planning a major coup: a common currency should revolutionize trade and put the US dollar in its place. Russian Deputy Foreign Minister Sergey Ryabkov put it bluntly - this currency is not a fantasy, it is coming! And the best part? It is intended as an alternative to the dollar, not a replacement for it, as Ryabkov explains, according to information from watcher.guru.
But that's not all: security is very important at BRICS! The new currency will be equipped with protection mechanisms, including clearance mechanisms and insurance systems for goods and cargo movements. As soon as this financial giant starts, other developing countries could soon jump on the bandwagon and use it to process their cross-border transactions. Ryabkov emphasizes that an additional network will emerge that will function if the dollar channel stalls. Well, if that's not a bang!