BRICS Set to Drop Bombshell Plan in July—US Lawmaker Leaks Agenda

Hold onto your portfolios—BRICS isn’t playing nice with the old financial guard. A US Congressman just spilled that the bloc’s prepping its most aggressive move yet, set for a July unveil. No details yet, but whispers suggest a direct challenge to dollar hegemony.

Goldbugs and crypto anarchists are already salivating. Will this be the ‘petroyuan’ moment, or just another geopolitical chess move that leaves retail bagholders? Either way, Wall Street’s algo-traders will front-run it before the ink dries.

BRICS: ‘Rio Reset’ in July, Explains Ron Paul

Ron Paul stated that BRICS will undo 80 years of US dollar’s supremacy and replace it with local currencies this July. The alliance will meetsaid the former Texas Congressman.

he explained. Moreover, the former Congressman believes that the US dollar’s days are numbered as BRICS could launch a concrete solution in July. The solution is to adapt local currencies for all cross-border transactions and reduce dependency on the US dollar.

However, the ‘Rio Reset’ in July 2025 from BRICS could pave the way for local currencies to rise the charts. Also, the development when the US dollar is struggling to climb above the 100 mark in the DXY index. In addition, data shows the currency is down nearly 8.8% year-to-date and had fallen 10.5% at one point this year.

This could be the best chance for BRICS to unveil their ambitious plan in July to derail the US dollar. The future of the global financial sector could be much different in the next decade than we know of it today.