<ul><li>BRICS nations plan to use cryptocurrencies for secure investment payments, reducing dependence on the US dollar.</li><li>BRICS Pay, a blockchain platform, is designed to enhance transaction efficiency and promote local currencies among member states.</li><li>The bloc is discussing the potential launch of a Yuan-backed stablecoin, further streamlining cross-border transactions.</li><li>BRICS Pay, a blockchain-based platform, is introduced to facilitate secure and efficient transactions among member states and reduce reliance on Western-controlled financial institutions.</li></ul>

BRICS to Utilize Cryptocurrencies for Secure Investment Payments, Says Russia President

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