Bypassing The Dollar With BRICS Digital Currencies
Автор: Paramendra Kumar Bhagat
Загружено: 2026-01-21
Просмотров: 43
Описание:
A Digital Silk Road for BRICS: India’s RBI Floats a CBDC Link-Up That Could Redraw Global Payments https://www.netizen.page/2026/01/a-di...
🌉Digital Silk Road: The BRICS CBDC Payment Revolution
The provided text explores the strategic shift toward Central Bank Digital Currencies (CBDCs) within the BRICS nations, highlighting India’s proposal for a linked digital payment network to be debuted by 2026. This initiative aims to bypass traditional, dollar-centric financial systems like SWIFT by creating a "digital Silk Road" for near-instant, low-cost cross-border trade. Key projects such as mBridge demonstrate the technical feasibility of using distributed ledger technology to settle transactions directly between central banks. While the shift is framed as a push for economic efficiency and financial inclusion, it serves as a critical tool for geopolitical autonomy and de-dollarization. Ultimately, the sources suggest that the future of global finance is moving toward a multipolar, programmable infrastructure where code-based systems provide a viable alternative to Western monetary dominance.
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