China reveals: Historical BRICS step to the new payment system!

China reveals: Historical BRICS step to the new payment system!

Moscow, Russia - in a spectacular train at the Brics summit 2024, China's President Xi Jinping shaked the financial world. The introduction of the Revolutionary Payment System of BRICs could fundamentally change the global financial balance. Surprising? No. With his announcement, XI Jinping called on the BRICS countries to take on a leading role in the reform of the international financial architecture, a clear blow towards the west.

This is not just another meeting! With the historical expansion, which last year brought four new nations into the ranks of the BRICS, the Allianz is now taking the next big step towards economic autonomy. The days of US dollar dominance could be numbered. At the summit, the block presented the latest innovation in its arsenal: the blockchain-based Brics Pay system. This system offers member countries the opportunity to avoid western institutions and use their own currencies for trade.

Brics: A finance giant awakens

The unveiling of the Bric Pay at the block of the block in Moscow was only a foretaste of what will come. The participants got first insights into their new weapon: BRICS PAY-DEMOKarten, packed with digital money. This is more than one system, it is a symbol. A symbol for the rise of a multipolar financial system that challenges the dominant dollar dependency. Xi Jinping's message is loud and clear: the BRICS are ready to enter the stage in the global financial concert and play their melody.

Why is it all so important? The impact of the BRICS payment system lies in its ability to avoid established platforms such as Swift. For the members of the block, this means greater control and flexibility in international trade. It is an economic revolution with enormous potential. President XI clearly expressed it: "There is an urgent need to reform the international financial architecture," he added that the BRICS had to play a pioneering role in this reform. The world should be more careful, because the BRICS make you serious!