BRICS members are looking to create a new digital currency. Experts weigh in on the feasibility of a new BRICS currency.

The BRICS nations, originally composed of Brazil, Russia, India, China and South Africa, have had many discussions about establishing a new reserve currency backed by a basket of their respective ...

While speculation about a BRICS common currency has fueled debates, Brazilian officials have confirmed that such a move is off the table for 2025. Instead, the focus is on reducing reliance on the ...

President-elect Donald Trump threatened to impose a 100 per cent tariff on the BRICS group nations if they undercut the US dollar. [Getty Images] On ... create a new BRICS Currency, nor back ...

Indonesia will join New Development Bank, a multilateral bank developed by BRICS ... a new currency or use alternatives to the dollar could cause global semiconductor supply chain disruptions.

Unlike previous discussions about creating a shared BRICS currency to rival the U.S. dollar, this proposal focuses on using digital assets—especially stablecoins—to streamline cross-border ...