To a BRICS CBDC or not a BRICS CBDC; replacing the petrodollar, that is the question

The BRICs countries announced in March 2024 that they have plans to develop their own payment system the next three years, with more countries joining, the recent being Malaysia. In a report by the Russian News Agency, the BRICS group, comprised of Brazil, Russia, India, China, and South Africa, was noted as working on creating

Source: Cryptopolitan