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🚨 BRICS Launches Gold-Backed UNIT Payment System
The BRICS Group has officially launched UNIT, a gold-backed settlement currency designed to let 30+ countries trade outside Western-controlled payment rails.
Here’s how UNIT is structured:
🏅 40% Gold
🌍 60% BRICS Currency Basket (CNY, INR, RUB, BRL, ZAR)
The goal?
To reduce reliance on USD for global trade — especially in precious metals, energy, and raw materials. This is the strongest coordinated challenge to the dollar system in decades.
📉 USD Share vs. Local/BRICS Settlement (2024 → 2035)
Illustrative projection based on observable de-dollarization trends:
USD settlement share: drifting from ~80% → ~65%
Local/BRICS share: rising from ~20% → ~35%