BRICS is transitioning to stablecoins - Deputy Minister of Finance of Russia, Ryabkov
According to the official, discussions are ongoing within BRICS about the possibility of making payments in stablecoins, both using the existing infrastructure and by creating a wholly new system.
The BRICS Bridge project is currently under consideration and involves linking the digital financial systems of the member states. Essentially, it's like a cryptocurrency exchange but on the BRICS level. This is to avoid the obvious sanctions that would immediately be imposed on a stablecoin traded by Russia.
Dollar based trade might collapse more
THE COST OF THE AMERICAN DREAM HAS EXPLODED.
Owning a home.
Buying groceries.
Driving to work.
Paying insurance.
Even your morning coffee.
Nearly every major household expense costs dramatically more than it did just a few years ago.
Over the last 7 years:
• Coffee: +127%
• Home prices: +60%
• Auto insurance: +51%
• Gasoline: +49%
• Electricity: +44%
• Shelter: +35%
• Groceries: +33%
And that's before paying for healthcare, transportation, or eating out.
This is why so many families feel like they're falling behind even when they get a raise.
The biggest financial problem for millions of Americans is that everything is going up at the same time, while the government keeps showing a 2% inflation target.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
Biohacker Bryan Johnson claimed he cloned himself as a newborn for the purpose of providing him blood and cells.