US EditionBrics Countries Pay Soy in Chinese Yuan and Oil in Indian Rupees
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October 6, 2025.- The world is increasingly less inclined to use the US dollar in the future. While the exorbitant privilege of the US dollar persists, the symbolism of the BRICS alliance overshadows it. India and Russia, members of the BRICS, pay for the oil agreements in...
In the face of a global financial system dominated by Washington, the BRICS are accelerating the development of an alternative payment network: BRICS Pay. This project, supported by a block expanded to ten countries, aims to reduce dependence on SWIFT and US sanctions. More than just a technical initiative, it is a strategic bet to reshape the global monetary order and affirm financial sovereignty in a world that has become multipolar.
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