Tucker Carlson

Read

BRICS members explore stablecoin payments and a platform to conduct CBDC payments, aiming to enhance financial cooperation, a Russian official says. 
Stablecoins might become a tool for international settlements among <a href="https://crypto.news/tag/brics-association/" target="_blank" rel="">BRICS</a> members, as the alliance has already set up a special communication channel between central banks. In an <a href="https://tvbrics.com/news/zamglavy-mid-rossii-sergey-ryabkov-briks-idet-vpered-sozdavaya-vazhnyy-pretsedent/" target="_blank" rel="">interview</a> with TV BRICS, Ryabkov disclosed that BRICS nations are considering the possibility of utilizing stablecoins for international settlements. 
While specific details were not provided regarding the use of existing products, Ryabkov mentioned ongoing discussions surrounding the creation of “BRICS Bridge,” a platform aimed at interlinking central bank digital currencies (<a href="https://crypto.news/tag/cbdc/" target="_blank" rel="">CBDCs</a>) in a bid to foster financial cooperation among BRICS member countries. 
However, the current status of these discussions and whether a consensus has been reached among BRICS members regarding the timeline remain unclear. 
 You might also like: <a href="https://crypto.news/justin-sun-speaks-on-trueusd-growth-looks-to-acquire-a-brics-tender/" rel=""> Justin Sun speaks on trueUSD growth, looks to acquire a BRICS tender </a> 
Russia has been actively pursuing strategies to reduce reliance on the U.S. dollar within BRICS through blockchain technology for a while now. In an <a href="https://crypto.news/kremlin-hopes-to-cut-us-dollar-reliance-with-blockchain-in-brics/" target="_blank" rel="">interview</a> with the Russian state-owned news agency TASS, Kremlin aide Yury Ushakov revealed efforts to develop a blockchain-based system for BRICS, although he didn’t disclose the timetable for the initiative. 
For several months, Moscow has been advocating for a blockchain-based solution for BRICS, particularly as Western sanctions&nbsp;<a href="https://crypto.news/the-dual-edges-of-cryptocurrency-in-the-ukraine-russia-war-opinion/" target="_blank" rel="">escalate</a>. In September 2023, Russian prime minister Mikhail Mishustin&nbsp;<a href="https://crypto.news/russia-building-blockchain-system-for-international-settlements/" target="_blank" rel="">emphasized</a>&nbsp;the necessity for the city to implement cross-border settlements utilizing blockchain technology and digital assets. Mishustin highlighted that such initiatives would offer “more possibilities” for attracting foreign investments. 
 Read more: <a href="https://crypto.news/vladimir-putin-us-dollar-tucker-carlson-interview/" rel=""> Vladimir Putin’s scathing take on US dollar dominance resonates with pro-Bitcoin Tucker Carlson </a>

BRICS weighs in on using stablecoins in settlements, Russian official says

crypto.news

2024년 4월 22일에 게재된 다른 기사

Crypto investment products see outflows for second consecutive week — CoinShares

Experts Favour BlockDAG After First-Ever $0.001 Surge Over Borroe Finance & Furrever Token Presal...

Ripple CTO Challenges Bitcoin's Logic Framework: Details

Investors Anticipation Grows as Key Economic Data Release Nears

Exploring Bitcoin’s Price Trends and Predictions

Bitcoin L2 tokens outpace BTC post-halving

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!