BRICS

Highlights: India plans to raise a BRICS digital currency linkage proposal at the 2026 summit. The BRICS CBDC plan depends on shared technology rules and settlement agreements. Trade imbalance risks are pushing the BRICS to consider FX swaps over stablecoin […]

China and Russia are accelerating the use of digital payments for cross-border settlements, completely abandoning traditional banking. Qifa, a China-based payment solution initially launched to facilitate imports between the two countries, affirmed the enhanced use of crypto payments. Qifa cited […]