When 134 countries play sorcerer's apprentices with CBDCs, it is 98% of the global economy that enters a zone of digital turbulence.
The global monetary landscape is undergoing significant changes. As the influence of the US dollar falters under the weight of geopolitical tensions and aggressive economic policies, the BRICS are poised to redefine the rules of the game. They are working to launch a new reserve currency, an ambitious project that could shake the supremacy of the greenback and reshuffle the cards of international finance. In the face of the impact of economic sanctions, trade wars, and a perceived excessive dependence on the dollar, these emerging powers are coming together to assert their economic sovereignty. However, this new currency, envisioned as a direct alternative to the US-dominated financial system, raises as many hopes as it does doubts.
As China increasingly reveals its totalitarian face, Donald Trump and Kamala Harris raise serious concerns about their ability to defend Western interests against Beijing. Are they about to capitulate to Xi Jinping and abandon Taiwan?
Mastercard is putting cryptocurrencies on the map! Pay for your baguette in Bitcoin without going through the "euro" step, something never seen before!
L’adoption du Bitcoin franchit une nouvelle étape en France. Le Carrefour Express de Rouen vient d’annoncer qu’il accepte désormais les paiements en Bitcoin via le réseau Lightning. Cette initiative marque un tournant dans l’intégration des cryptomonnaies par les grandes enseignes de distribution françaises. L’innovation au cœur de la grande distribution…
A recurring question persists in the crypto universe: what happens in the event of an Internet outage? With the rapid evolution of blockchain, the reliance on an Internet connection to perform transactions seems to be a major constraint, especially in underdeveloped regions. The Sui blockchain, developed by Mysten Labs, offers…
The internationalization of the yuan is progressing much faster than the figures from the Swift organization suggest. Bitcoin is lying in wait.
Since 2013, China has been pursuing a policy of plundering the African continent through the usurious and nearly mafia-like system of the Silk Roads.
The global financial system is on the brink of a major upheaval. The BRICS bloc is planning to create an independent payment system to facilitate cross-border transactions among its members. This initiative aims to reduce their dependence on the US dollar by integrating local currencies for trade exchanges.
Discover the new MetaMask card that simplifies spending in crypto for secure and fast daily purchases.
India and the Emirates reportedly settled an oil transaction in XRP instead of the dollar. A worrying signal for the dollar's hegemony?
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Google and Amazon are showing a marked interest in the CBDC project of one of the leading BRICS nations. By partnering with the Reserve Bank of India, these tech giants aim to integrate the e-rupee, a digital version of the Indian currency, into their payment platforms. This initiative, beyond just a simple technological expansion, represents a significant advance for the BRICS ambitions to reduce dependence on the US dollar and to strengthen their overall economic influence.
In July, the US dollar deals a heavy blow to the currencies of BRICS member countries. Despite these nations' efforts to reduce their dependence on the dollar, it continues to strengthen.
Not content with drastically limiting how Iraq can spend its dollar reserves, the Fed now forbids it from using the yuan. When will it be bitcoin?
The decline of cash and ATMs in France paves the way for cryptocurrencies, despite the ECB's ambitions with the digital euro.
Russia warns that the dollar monopoly must end. Bitcoin is becoming an obvious choice, even for Trump...
The Russian president is closely interested in all alternative payment systems. Including CBDC and Bitcoin.
The international monetary system is in turmoil. The BRICS are exploring various avenues with varying degrees of success.
The Indian Prime Minister traveled to Moscow to address the issue of the Indian trade deficit.
Saudi Arabia threatens to sell European debt in case of seizure of Russian reserves.
The 2024 Shanghai Cooperation Organization (SCO) summit witnessed major geopolitical tensions. In a move that could redefine dynamics of international trade, India has officially rejected China's proposal to replace the US dollar with the yuan for trade. This decision marks a significant turning point in relations among BRICS members. India's firm stance reflects not only its economic concerns but also a growing distrust toward China's global ambitions.
The adoption of Shiba Inu by Kronos represents a major advancement for crypto payments in the technology sector.
Saudi Arabia has joined the mBridge international payment system project. Another step towards the end of the petrodollar and bitcoin...
The decoupling from the US dollar, a key ambition of the BRICS, has just suffered an unexpected blow. Despite years of concerted efforts to erode the dominance of the US dollar, a new report from the Atlantic Council reveals that these initiatives have failed to seriously threaten the supremacy of the greenback. This unexpected finding raises doubts about the viability of the economic strategies of the BRICS.
As the BRICS welcome new members and strengthen their de-dollarization agenda, a burning question emerges: could the Tether stablecoin (USDT) be the United States' secret weapon to preserve their economic hegemony? The implications for the crypto market and the global economy are immense.
India and the United Arab Emirates are determined to replace the dollar with their national currencies.
Ripple, a well-established company in the digital payments sector, has just revealed strategic partnerships with ten governments for the development of CBDC. This ambitious initiative has raised questions and hopes within the crypto community. The potential implications for the future of global financial transactions are significant, and many observers are eagerly anticipating how these collaborations will influence the market.
The Chinese yuan has been trying for years to dethrone the US dollar as the world's reserve currency. Despite gaining power and making constant efforts, the Chinese currency has not yet succeeded in surpassing the greenback. As de-dollarization gains momentum, the yuan struggles to establish itself as a credible alternative.
The IMF has published its quarterly update on central banks' foreign exchange reserves. The dollar is free-falling. Bitcoin as an alternative?