BRICS Currency Shakes the Dollar’s Throne—What Comes Next?

The BRICS bloc’s rumored gold-backed currency isn’t just a pipe dream anymore—it’s a direct shot across the bow of the USD-dominated financial system. Here’s how the dominoes could fall.

The Dollar’s Worst Nightmare

A successful BRICS currency could gut demand for USD reserves, forcing the Fed into a corner. Emerging markets would flock to a stable alternative, leaving the greenback scrambling.

Petrodollar Panic

Oil trades in BRICS coins? That’s the endgame. Saudi Arabia’s already flirting with non-USD deals—imagine the ripple effect on Treasury yields if they fully jump ship.

DeFi’s Unexpected Ally

Ironically, a BRICS win might accelerate crypto adoption. Traders hedging against currency wars could pile into BTC as a neutral asset—Wall Street’s ’digital gold’ narrative suddenly gets real.

The Cynical Take

Let’s be honest: this could also be another bloated multilateral project that collapses under political infighting. Remember the SDR? Exactly.

Here’s What Will Happen If BRICS Currency Becomes a Success

If BRICS launches a new currency and ends up being a success on the global stage, the financial world as we know it today will be a part of history. While the US dollar will fight for power with all its might, if developing countries eventually join hands to abandon it altogether, there’s nothing much the WHITE House or the Federal Reserve can do, except tiptoe or fall in line with their demands.

The rise of a new multipolar world would emerge if the BRICS currency became a success. It would be an alternative financial sector to the IMF and other US and Western-led institutions such as SWIFT. Countries that were sanctioned by the US will see their economies revive and receive support from allies in trade.

The US dollar could start weakening if the BRICS currency becomes a success in the forex sector. A weaker USD means inflation in the homeland as the Feds would fail to import the greenback to other countries. America’s ability to sanction other nations would end, thus, ending its global influence on the trade and financial sector.