GeopoliticsNotableCorroboratingDeveloping
5.1
BRICS payment systems UPI, Pix pursue cross-border central bank links
Financial Times·IN · BR · RU·3 days ago
BRICS nations continue incremental progress on the BRICS Pay cross-border payment system, despite external pressure. The pace remains slow, indicating limited near-term disruption to dollar-based systems. The development signals gradual de-dollarization efforts but with uncertain adoption and technical hurdles.
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