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BRICS P was unveiled/ dollarization is on the agenda of BRICS members

The BRICS members unveiled the BRICSPay platform in their recent meeting and announced that this platform can have many benefits such as de-dollarization, facilitating member trade and reducing the impact of Western sanctions.

According to reporter Mehr BRICS members unveiled the BRICS platform in their recent meeting and announced that this platform can provide many benefits such as de-dollarization. to facilitate the trade of members and reduce the impact of Western sanctions.

BRICS Pi ensures interoperability between different payment systems in member countries, and users can make cross-border transactions without the need for multiple intermediaries. This allows BRIXPay to reduce its reliance on traditional systems and keep transaction costs to a minimum.

One of the key features of this platform is its adherence to the legal and regulatory frameworks of member countries, and its launch enables fast and low-cost transactions that can facilitate trade and investment among countries. BRICS to increase.

Undoubtedly, now more than ever before, the world rapidly is transitioning from a unipolar system to a multipolar system where the US dollar is The title currency of the global reserve will gradually lose its value and appeal. This process will not happen overnight, but measures such as the BRICS platform or the BRICS currency will accelerate its process.

 

© Webangah News Hub has translated this news from the source of Mehr News Agency
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