BRICS Pay and the new digital coin: The challenge that shakes the dominance of the dollar

In a move that could redefine the global financial landscape, the BRICS countries have launched BRICS Pay along with an innovative digital coin. I find it fascinating how these countries seek to free themselves from the chains of the US dollar, creating their own payment system based on blockchain.

This platform is not just another credit card. BRICS Pay represents a true revolution in international payments, allowing cashless transactions between member countries without having to go through the SWIFT system controlled by the West. The blockchain technology behind this system ensures security and transparency, something that many traditional systems cannot offer.

What intrigues me the most is the digital coin “Unir”, backed by gold. Isn't it ironic? While the United States abandoned the gold standard decades ago, these emerging countries are reverting to it to create stability. They are clearly seeking to protect themselves from arbitrary sanctions and the fluctuations of the dollar that have so often been used as an economic weapon.

Diego Gutiérrez Zaldívar is right when he speaks of a “competition of powers”. We are witnessing a confrontation between the old financial order and a new one that seeks greater global equity. They do not intend to eliminate their national coins, but to create an independent network from external pressures.

For those of us trading in the crypto market, this development could open up new investment opportunities. The entry of these economic giants into the digital space could radically change the rules of the game, introducing assets backed by real economies and not just speculation.

Will the world be ready for a truly multipolar economic system? I doubt it. Established powers will not easily relinquish their control, but the mere fact that this alternative exists already represents a significant change on the global chessboard.