BRICS, along with other international organizations and countries, is actively pursuing de-dollarization efforts, with an aim to reduce reliance on the US dollar in global trade.
BRICS nations are considering Bitcoin as a potential solution. Bitcoin’s decentralization and neutrality make it an attractive candidate.
The BRICS alliance initiated the de-dollarization effort early this year, and several countries are contemplating a shift away from the US dollar in global trade. Although de-dollarization initially appeared implausible, BRICS has made significant progress in turning this concept into a reality. Not only has the bloc pursued de-dollarization efforts this year, but it is also persuading other nations to reduce their dependence on the US dollar.
BRICS, ASEAN, and the SCO groups are now actively exploring de-dollarization initiatives to bolster their domestic economies. Several countries in Africa and South America are also considering joining these efforts. If a substantial
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