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BRICS Unveils Blockchain BRICS Pay

  • BRICS Pay is a new digital payment system unveiled at the BRICS Summit 2024.
  • It is built on blockchain technology, offering secure and faster cross-border transactions.
  • BRICS Pay aims to reduce reliance on the US dollar and promote financial independence among BRICS nations.
  • The upcoming summit is expected to provide further details on the rollout of BRICS Pay and discuss ways to enhance cooperation and trade among member countries.

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