BRICS Currency Launch Gets Critical Update from Russia—Here’s What’s Changing

Russia just dropped a bombshell update on the long-awaited BRICS currency—and it could shake up global finance. Forget ’de-dollarization’ as a buzzword; this move might actually force the West to pay attention.

Why it matters: A unified BRICS currency threatens to bypass SWIFT, undercut USD dominance, and give emerging markets real leverage. No more lip service about ’multipolar finance’—this is execution.

The cynical take: Wall Street will pretend to ignore it until the first trillion gets traded. Then suddenly, every hedge fund will claim they ’saw it coming.’

When Will BRICS Launch Common Currency? Diplomat Answers

Russian Foreign Minister Sergey Lavrov revealed in a latest interview with Brazilian newspaper O Globo that the BRICS group would launch the common currency once all conditions are put in place. He said that when all necessaryare kept in order, they would release the new currency.

said Lavrov.he added.

The diplomat also stressed that there is a lack of trust in the US dollar not just by BRICS but other developing countries who are sitting on the sidelines and would accept the common currency when launched. Lavrov explained that the US is solely responsible for the de-dollarization agenda that has gripped the world due to their foreign policies

Read here to know how many sectors in the US will be affected if BRICS launches own currency for trade. Russia, China, and Iran are eager to launch a common currency and dim the lights on the US dollar’s supremacy. The next decade could seal the fate of the US dollar as many countries are looking to cut ties. The USD is now at a pivotal point in history where the chances of stepping down are higher than before.