Despite Trump's threats: BRICS currency could become a reality in 2025!

Despite Trump's threats: BRICS currency could become a reality in 2025!

Attention, global economy! The powerful BRICS group – now nine countries strong – probably has big plans. Despite a loud fanfare from the USA and threats from Donald Trump, the idea of ​​a new BRICS currency is by no means off the table watcher.guru reports. Already at the BRICS summit in Kazan in October 2024, participants, old and new, passionately discussed an alternative to the US dollar. Even a prototype of a BRICS banknote was handed over to Kremlin boss Putin.

Trump, snorting at his electoral triumph in the USA, made it clear that the US government would not tolerate any new advances by the BRICS regarding its own currency. But experts suspect that the threatening gestures will not change the dynamics of currency developments much. While Trump predicted 100% tariffs and trade bans on Truth Social, the BRICS countries like Russia, China and India are already showing what they are capable of. They are increasingly relying on local currencies in trade and are probably looking quite boldly towards 2025. At the same time, their interests are growing, with over 20 new countries wanting to join the BRICS family.

Whether the dollar will lose its dominance remains to be seen. One thing is certain: with every trade transaction outside of the green notes, Uncle Sam loses a little more power and the BRICS countries gain more economic clout. So things could get heated when the dust settles on this global financial dance.