Cryptocurrency Q&A Does BRICS have a coin?

Does BRICS have a coin?

Valentina Valentina Thu Nov 14 2024 | 7 answers 2051
I'm wondering if there's a coin representing BRICS, the economic grouping of Brazil, Russia, India, China, and South Africa. Is there such a currency or commemorative coin issued for this bloc? Does BRICS have a coin?

7 answers

Martina Martina Sat Nov 16 2024
The implementation of such a system could streamline cross-border transactions and enhance financial inclusion within the BRICS grouping.

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SkylitEnchantment SkylitEnchantment Sat Nov 16 2024
This absence of a specific digital asset does not imply a lack of progress in the digital realm for these countries.

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SamuraiCourageous SamuraiCourageous Sat Nov 16 2024
According to Kremlin aide Yury Ushakov, efforts are being made to develop a blockchain-based payment system for BRICS nations.

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Giulia Giulia Sat Nov 16 2024
The announcement of this initiative came in March 2021.

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JejuJoyfulHeartSoulMate JejuJoyfulHeartSoulMate Sat Nov 16 2024
This system aims to leverage the power of blockchain technology to facilitate payments between BRICS countries.

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