BRICS Bloc Mulls Stablecoins, CBDC-Based System for International Settlements
Russian Deputy Foreign Minister Sergey Ryabkov revealed that the BRICS bloc has been considering the use of stablecoins…
Browsing Tag
payment system
12 posts
BRICS Nations Challenge US Dollar Dominance: Blockchain Payment System In The Works
[[{“value”:” The winds of change are whistling through the global financial system. The BRICS alliance, a formidable economic…
Kremlin Reveals Plans to Create a “Politics-Free” BRICS Blockchain-Based Payments System
Yury Ushakov, an aide of Russian president Vladimir Putin, revealed plans to create a digital blockchain payment system…
BRICS Countries Can Use India’s UPI Instant Payment System, Prime Minister Modi Suggests
Member states of the BRICS bloc can follow the example of other nations and start using India’s Unified…
Going Crypto Makes Sense for Elon Musk’s X
While X, the platform formerly known as Twitter, has made a turn to share some of its earnings…
Custodia Bank Goes Live: Bridging Digital Assets With US Dollar Payments
Custodia Bank, the financial institution that aims to bridge digital assets with the U.S. dollar payment system, is…
Egyptian and Nigerian Central Banks Sign Agreement to Deepen Cross-Border Regulation
The central banks of Egypt and Nigeria have signed a fintech agreement to deepen the two institutions’ “cross-border…
Is Fednow the First Step Towards a Central Bank Digital Currency? Speculations Rise Ahead of Launch
In recent days, there has been a buzz surrounding the upcoming debut of the U.S. Federal Reserve’s Fednow…
China, Russia Urged to Speed Up Creation of ‘Cutting Edge’ Payment Infrastructure for BRICS and SCO Currencies
The chairman of Russia’s national economic development institution VEB.RF has urged China and Russia to speed up the…
Russia ‘Actively’ Working on SWIFT Alternatives, Foreign Ministry Official Says
The Russian Federation is collaborating with partners to link payment systems alternative to the interbank messaging system SWIFT,…