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Is SWIFT Facing Its End? Russia Unveils Global Expansion Of BRICS Pay

Is SWIFT Facing Its End? Russia Unveils Global Expansion Of BRICS Pay

Global Cryptocurrency
Release Time:
2025-04-13 14:14:01
0
As geopolitical tensions reshape global balances, the BRICS countries are accelerating the establishment of their own payment network, BRICS Pay. Led by Russia, this infrastructure aims to emancipate itself from SWIFT and open a financial avenue outside western control. The Russian Foreign Minister, Sergei Lavrov, confirmed that the future BRICS payment network, still under finalization, will be accessible to third countries. This marks a strategic break, making BRICS Pay a lever of global influence and a strong signal in favor of a multipolar monetary order.
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