BRICS New Payment System “BRICS Pay” Successfully Tested & Launched! | What’s Next?

In what is a massive moment for the economic alliance, BRICS Pay has officially been unveiled. At the BRICS Business Forum taking place in Moscow, participants received brand new cards for the long-awaited payment system. The cards are the first official debut of the landmark project. Russian State Media originally reported the demo cards contain 500 rubles that can be used for payment throughout three locations at the World Trade. Moreover, participants will be able to spend the funds throughout the Thursday and Friday events. Throughout the last two years, the BRICS bloc has sought increased financial autonomy. Specifically, they have sought increased de-dollarization in an effort to lessen international reliance on Western currencies. With the bloc’s annual summit just a week away, it has made a massive step toward that goal already. The bloc’s BRICS Pay system has officially been unveiled at the collective’s Business Forum in Moscow. Those who participate in the event have received a