2 New Countries Ready to Trade in BRICS Currency, Not US Dollar

The global economic landscape is shifting, with de-dollarization gaining momentum. Amid the de-dollarization process, two countries have openly expressed that they will begin using BRICS currency to settle trade and not the US dollar after the launch of the tender. Read here for the latest developments.

A significant move away from the US dollar is underway as nations explore alternative currencies for international trade. India and Indonesia have officially agreed to ditch the US dollar for cross-border trade. The two BRICS nations will now conduct transactions using their national currencies, marking a pivotal moment in reducing reliance on the USD.

The potential impact of the BRICS nations forging a new financial path cannot be ignored. Should the BRICS nations establish a new reserve currency, it would likely significantly impact the US dollar, potentially leading to a decline in demand, or what's known as de-dollarization. This shift could reshape global trade dynamics and challenge the dollar's long-held dominance.

Stay informed on which two countries are pioneering this change and how it could affect the future of international finance.