We Love Africa | BRICS Launching New Stablecoin Pegged By Chinese Yuan & Gold-Backed Currency! @weloveafrica | Uploaded August 2024 | Updated October 2024, 6 hours ago.
BRICS Launching New Stablecoin Pegged By Chinese Yuan & Gold-Backed Currency!
What will the new Brics currency look like? Until now, there have been speculations about whether Brics will launch a new currency in competition with the US dollar or not. Even though there were official talks on launching a new payment system, like SWIFT, no official news came about Brics currency.
But things have changed now. Brics is thinking of various options, considering what to use to peg the new currency. In this respect, Russia has increased its efforts and wants to launch the currency before its chairmanship ends this year. As of now, Brics has proposed either launching a cryptocurrency pegged by the Chinese Yuan or a whole new currency pegged by gold.
How will they work and whether both will be picked by Brics?
In this video, let’s find out.
Join this channel to get access to perks:
youtube.com/channel/UCX80qmC9baw6HXrSjfybdmQ/join
We are Changing the narratives Of Mother Africa through YouTube Videos..One Video at a Time...
It's Time For Africans To Tell Their Own Story!
__________________________________________________________________
Remember to subscribe, and ring the notification bell, so that you do not miss any of our videos.
Email us for News Tips, content submission, ads partnership, collabos, sponsorship or content issues
All our videos are aimed at Educating, Informing, Reporting, Reviewing, Criticizing & Ranking everything African.
Copyright Disclaimer: Under Section 107 of the Copyright Act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, teaching, scholarship, and research.
BRICS Launching New Stablecoin Pegged By Chinese Yuan & Gold-Backed Currency!
What will the new Brics currency look like? Until now, there have been speculations about whether Brics will launch a new currency in competition with the US dollar or not. Even though there were official talks on launching a new payment system, like SWIFT, no official news came about Brics currency.
But things have changed now. Brics is thinking of various options, considering what to use to peg the new currency. In this respect, Russia has increased its efforts and wants to launch the currency before its chairmanship ends this year. As of now, Brics has proposed either launching a cryptocurrency pegged by the Chinese Yuan or a whole new currency pegged by gold.
How will they work and whether both will be picked by Brics?
In this video, let’s find out.
Join this channel to get access to perks:
youtube.com/channel/UCX80qmC9baw6HXrSjfybdmQ/join
We are Changing the narratives Of Mother Africa through YouTube Videos..One Video at a Time...
It's Time For Africans To Tell Their Own Story!
__________________________________________________________________
Remember to subscribe, and ring the notification bell, so that you do not miss any of our videos.
Email us for News Tips, content submission, ads partnership, collabos, sponsorship or content issues
All our videos are aimed at Educating, Informing, Reporting, Reviewing, Criticizing & Ranking everything African.
Copyright Disclaimer: Under Section 107 of the Copyright Act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, teaching, scholarship, and research.
