Gold-Backed Digital Currency: Revolutionizing Finance for BRICS Nations and the Global Economy
The Brics nations—Brazil, Russia, India, China, and South Africa—are seeking to create a common digital currency backed by gold to reduce reliance on the US dollar. Geopolitical tensions, such as Russia’s exclusion from the Swift payment system, have pushed these countries to explore alternatives. Representing a significant share of the global economy and population, the ...
