Gold-Backed Digital Currency: A Game-Changer for BRICS Nations’ Economic Future
Global trade is changing, pushing countries to find a reliable alternative to the dollar for international transactions. In light of geopolitical tensions, the Brics nations—Brazil, Russia, India, China, and South Africa—are considering a shared currency backed by gold and their currencies. This gold-backed digital currency could lower transaction costs and lessen exchange rate volatility, potentially ...
