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
British man attacked for entering a ‘no-go zone’ in London.
A horde of Islamists surrounded him and questioned why he was in ‘their’ neighborhood.
They threatened him and began chanting ‘Allahu Akbar’ as they kicked him out.
A 65-year-old couple retiring in 2025 with average earnings will receive an estimated $1.34 million in lifetime benefits, while contributing only $720,000 in today’s dollars.
That shortfall—more than $600,000 per couple—is being made up by younger workers.
“Most of the growth in spending has gone to retirement and healthcare, while programs that promote upward mobility... have been left behind”
https://www.newsweek.com/social-security-medicare-young-workers-cost-10477619