159 Countries Adopting BRICS New Payment System

As we approach the long-anticipated Brics Summit in 2024, the world is watching closely—perhaps more closely than ever. While global headlines often focus on immediate political strife or economic downturns, a significant shift is brewing that’s poised to challenge traditional powers, particularly in the realm of international finance. Brics, an economic coalition of Brazil, Russia, India, China, and South Africa, has been quietly transitioning into a formidable force, aggressively positioning itself as an alternative to the West-dominated financial systems, including the notorious SWIFT payment system. One of the most remarkable developments has been the establishment of a new payment system…