BRICS 2025 Summit Shocker: No De-Dollarization Push, No New Currency—What’s Really Happening?

BRICS drops the ball on dollar dominance—again. The 2025 summit closed with no concrete plans to challenge the greenback or launch a rival currency. So much for the 'multipolar world economy' hype.

Behind the scenes: Geopolitical theater trumps action. Member nations couldn't bridge divides on monetary policy, leaving dollar hegemony untouched. Gold bugs and crypto maximalists left disappointed.

The irony? While BRICS debates theoretical frameworks, Bitcoin just notched another ATH—proving decentralized finance moves faster than bureaucratic committees. Maybe they should've taken notes from the crypto playbook.

2025 Summit: BRICS Failed To Mention the Launch of a New Currency & De-Dollarization

The BRICS 2025 summit saw no new major policies take shape with little to no effect on global trade. This signifies that BRICS leaders, without the Russian and Chinese Presidents don’t care about de-dollarization and the new common currency. However, they openly expressed their distrust of the US and Western policies that don’t provide the Global South a chance. They also hit out at the IMF and the World Bank for not providing appropriate funds for their economic development.

They labelled the two financial powerhouses as biased to the US and other Western nations while ignoring the Global South region. There is truth in their accusations as both the powerhouses operate under the reign of the US dollar. Despite the discomfort, BRICS stopped themselves from mentioning de-dollarization and did not mention anything about the formation of a new common currency.

Leaders only discussed settling trade in local currencies among interested member nations. De-dollarization and the formation of a new currency were kept in the back seat at the 2025 summit. There is no guarantee that the alliance has rejected the two agendas and could take them up in the future.