BRICS Alliance Expanding Sets A Challenge For The World Reserve Currency. Crypto In Good Stead

In August 2023, the BRICS countries had their annual summit in South Africa, where some expected a new reserve currency to be unveiled backed by commodities, primarily gold. However, this was not on the agenda for this meeting. The BRICS revealed something arguably more significant when they invited six essential countries to join the coalition. This is in addition to the dozen other countries that have applied to join the BRICS.

This article explains the BRICS alliance, including how it got started, why it’s more potent than people think, how it could challenge the US dollar as the reserve currency, and how crypto fits into this picture in the next ten years. READ MORE...