BRICS Dollarization and Cryptocurrencies
The rise of cryptocurrencies and BRICS dollarization: a new monetary order
The emergence of cryptocurrencies in the global financial landscape has challenged the monetary status quo, generating a debate around their potential to reconfigure the international financial system. In this context, the BRICS bloc (Brazil, Russia, India, China, and South Africa) has emerged as a key player in the search for alternatives to the US dollar, which has led to a growing intersection between these two trends.
