BRICS Alliance Expands as India and Nigeria Ditch US Dollar for Local Currency Trade
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#eb220739 ver:0.19
The BRICS alliance is expanding with new member countries set to be announced at the 2024 summit. This move will reduce reliance on the US dollar and intensify de-dollarization efforts. India and Nigeria, both BRICS members, have agreed to trade in their local currencies instead of the US dollar. The BRICS alliance is also exploring blockchain technology and a competing currency based on digital assets. This shift away from the US dollar could benefit Bitcoin as a more neutral and decentralized alternative. #BRICS #de-dollarization #Bitcoin...
#newstr #Brics #India #Nigeria #UsDollar #Trade #Currency
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