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BRICS Currency Advances Toward 2026 Launch Amid Digital Payment Innovations
BRICS Currency Advances Toward 2026 Launch Amid Digital Payment Innovations
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BTCCSquare news:
The BRICS alliance is accelerating development of its proposed common currency, with analysts identifying 2026 as a plausible launch window. The bloc's expanded economic footprint—now representing 46% of global population and 37% world GDP—lends credence to the initiative's potential impact.
Recent progress includes tangible strides in digital payment infrastructure during the 17th BRICS Summit in Brazil. Member nations are prioritizing local currency settlements and refining the BRICS Pay system, adopting a phased approach that emphasizes technological foundations before full currency implementation.
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