India is pushing to link central bank digital currencies (CBDCs) across BRICS nations for cross-border payments at ‌a summit later this week, despite political and technical hurdles that could limit progress, two sources familiar with the discussions said.
  • marcos@lemmy.worldEnglish
    2·
    1 month ago

    Nobody has any interest on replacing dollar payments…

    It’s the dollar payments that forces you to replace them.

  • N0t_5ure@lemmy.worldEnglish
    31·
    1 month ago

    While this still is in it’s early stages, the forces driving countries away from the dollar are accelerating. When the current regime boosts dollar inflation to extremes, which we are on the cusp of, countries will flee the dollar like the plague and it will no longer be the reserve currency of the world.