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BRICS Accelerates De-Dollarization Amid Record Gold Purchases and Trump Crypto Ties
BRICS Accelerates De-Dollarization Amid Record Gold Purchases and Trump Crypto Ties
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BTCCSquare news:
BRICS nations are advancing their de-dollarization agenda at a pace exceeding mainstream expectations. Central banks added 166 tonnes of Gold in Q2 2025—a 41% surge from baseline levels—as China, Turkey, India, and Russia orchestrate a systemic shift away from USD reserves. Global gold holdings now exceed 36,000 tonnes, signaling preparation for monetary restructuring.
Parallel to this, former President Trump's reported $4 billion crypto earnings underscore the geopolitical crosscurrents between traditional reserve assets and digital finance. Perseus Mining CEO Jeff Quartermaine notes these developments form a "comprehensive framework" for reducing dollar dependency, with coordinated implementation across key economic sectors.
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