The BRICS alliance is advancing in the de-dollarization agenda by cornering the US dollar on the global stage. Local currencies are given prominence while the greenback is being sidelined for…
Stablecoins are gaining ground as a reliable tool for digital payments. New data from Artemis shows that $94.2 billion in stablecoin transactions were settled between January 2023 and February 2025.The…
The Chinese yuan got a lift in the currency markets after the US-China deal went through on Monday in Geneva. Cross-border payments in the local currency hit a record high…
Russia’s Foreign Minister Sergey Lavrov confirmed that BRICS members have settled 67% of trade in local currencies, and only 33% of deals were paid in US dollars. The significant difference…