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BRICS: China Unveils Blockchain Project to End US Dollar in Trade - Watcher Guru

Retrieved on: 2024-04-01 21:36:15

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BRICS: China Unveils Blockchain Project to End US Dollar in Trade - Watcher Guru. View article details on HISWAI: https://watcher.guru/news/brics-china-unveils-blockchain-project-to-end-us-dollar-in-trade

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China, within the BRICS alliance, is endorsing blockchain technology to advance dedollarization and strengthen trade relations, especially through the Belt and Road Initiative, despite its domestic ban on cryptocurrencies. The move illustrates a collective turn towards digital currencies and blockchain within BRICS to diversify global finance.

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