Russian Senate Leader Predicts Use of CBDCs in BRICS Payment System

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Russian Senate Leader Predicts Use of CBDCs in BRICS Payment System

Russian Senate Leader Predicts Use of Digital Currencies in BRICS Payment SystemValentina Matvienko, Chairman of the Russian Federation Council, talked about the role of national digital currencies, also known as CBDCs, in increasing the use of national currencies in BRICS trade. Matvienko stated that a hypothetical BRICS bridge, a joint payment system, would leverage the digital currencies of all the bloc states. Russian Senate Chairman Profiles […]

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