You think Dotard has hurt the US with his stooopid tariffs and illegal war…..You ain’t seen nuthin yet, as The World, tired of his bullshit, moves away from the asshole, our country, and The Dollar as the reserve currency.
BRICS nations (Brazil, Russia, India, China, South Africa, and new members) are actively reducing reliance on the US dollar—a process known as de-dollarization—by boosting local currency trade settlements, developing independent payment systems like BRICS Pay, and exploring a gold-backed digital "unit" to enhance financial sovereignty and avoid Western sanctions
.Key Aspects of the Move Away from the Dollar:
- Local Currency Trade Trade between BRICS nations is increasingly settled in local currencies, such as the Chinese yuan and Russian ruble. In 2024, Russia reported that 90% of its trade within the bloc was in national currencies, while China and Russia settled over 99% of their bilateral trade without dollars.
- Alternative Financial Systems BRICS is developing alternative payment messaging systems, such as "BRICS Pay," to bypass SWIFT and reduce vulnerability to U.S.-led economic sanctions, notes AgWeb.
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