<ul><li>The BRICS 2024 Summit is taking off today, with an alternative payment system being a key topic of discussion.</li><li>Russia is seeking a new payment system amid severe economic sanctions from the West.</li><li>BRICS Pay, a blockchain-based payment system, could be extensively discussed at the Summit.</li><li>Cryptos like XRP are being suggested as potential replacements for the US Dollar for trade within member countries.</li></ul>

BRICS 2024 Summit Kicks Off: Could a Crypto Shake-Up Be Imminent?

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