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BRICS Chain

The Official BRICS Chain Telegram Chanel

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01
Maldives Confirms New Trade Deal with India and China: Local Currencies to Replace US Dollar for Imports The government of Maldives has announced that BRICS members India and China have agreed to conduct import transactions using local currencies, moving away from the US dollar. This significant step is expected to benefit developing countries by strengthening their native economies through cross-border transactions in local currencies. India and China will collaborate to facilitate payments for imports in their respective local currencies, aligning with the BRICS initiative of de-dollarization. This new trade agreement between the three nations marks a pivotal shift in international trade dynamics. #BRICS #DeDollarization #GlobalTrade Source: Watcherguru
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BRICS Advances De-Dollarization Efforts BRICS is intensifying its efforts to reduce reliance on the US dollar by encouraging developing nations to use alternative currencies for global transactions. The recent addition of four new countries to the bloc has significantly bolstered this agenda. These new members are also supportive of establishing a BRICS currency to challenge the dominance of the US dollar. Russia and Iran, both current BRICS members, have expressed their intent to adopt the BRICS currency immediately upon its introduction, foregoing the US dollar for trade. Facing US sanctions, these nations are particularly motivated to distance themselves from the dollar and seek financial independence. #DeDollarization #BRICSCurrency #GlobalEconomy Source: Watcherguru
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Fed Governor Raises Concerns Over BRICS De-dollarization Agenda In a first, Fed Governor Christopher Waller raised concerns over the de-dollarization agenda initiated by BRICS. The BRICS alliance has kick-started the de-dollarization movement, prioritizing local currencies in global trade over the US dollar. This shift aims to make local currencies more prominent in settling cross-border transactions, potentially diminishing the USD's dominance. Waller acknowledged the seriousness of the BRICS initiative and confirmed that the Fed is closely monitoring these de-dollarization policies and their potential impact on the US economy. #DeDollarization #GlobalEconomy #BRICS Source: Watcherguru
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Are you an Nft Artist? Go check this out! https://x.com/bricschain/status/1793896724681064815
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India's Economic Surge and BRICS Expansion India's economic future looks exceptionally promising, with its GDP expected to continue rising significantly. At the CII Annual Business Summit 2024, Amitabh Kant projected that India would account for 30% of the global GDP between 2035 and 2040. Over the past three quarters, India's GDP has grown by 8.4%, currently standing at $3.417 trillion. Additionally, the United Nations has revised its 2024 growth forecast for India, raising it from 6.2% to 6.9%. As the BRICS alliance prepares for further expansion in 2024, India's growing economic influence will play a crucial role in shaping the global economy. #IndiaRising #BRICS2024 #EconomicGrowth Source: Watcherguru
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We just posted a New giveaway on our X page!..Go participate https://x.com/bricschain/status/1793514187299418171
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BRICS Alliance to Intensify De-Dollarization Efforts in 2024 The BRICS alliance is set to amplify its de-dollarization initiatives next year. Speaking at the Russia-Islamic World: KazanForum 2024, Iranian Deputy Foreign Minister Ali Bagheri Kani emphasized the bloc's unwavering commitment to reducing dependence on the US dollar. He highlighted plans to develop the necessary infrastructure across various economic sectors to ensure smoother transitions away from the greenback. This move underscores the alliance's strategic efforts to bolster economic independence and resilience. #BRICS #DeDollarization #EconomicIndependence #GlobalEconomy Source: Watcherguru
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A very short poem on X about Bitcoin pizza day😂..kindly Go engage https://x.com/bricschain/status/1793373157249970230
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@vote Threadoors voting
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Our thread winners have been announced !🔥
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BRICS Economic Alliance Achieves Record Trade Milestone Amid De-Dollarization Efforts The BRICS economic alliance has marked a significant milestone in its ongoing de-dollarization efforts, with trade between Russia and India surpassing $50 billion for the first time, according to reports from the Emirates News Agency. This record trade volume, which includes $17.5 billion in bilateral trade in the first quarter alone, signifies a more than 5% increase in local currency transactions. This shift away from the US dollar underscores the bloc's strategic move towards economic diversification and increased gold holdings, aiming to reduce reliance on the greenback. #BRICS #DeDollarization #GlobalTrade Source: Watcherguru
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Economic Challenges and Global Financial Shifts Inflation in the U.S. surged to 6.5% last year, prompting the Federal Reserve to raise interest rates to cool the economy. The housing market suffered the most, with skyrocketing interest rates making homes unaffordable for first-time buyers. Despite these efforts, inflation has only decreased to 3.4%, still above the 2% target. Meanwhile, the BRICS alliance is advancing its de-dollarization initiative, adding further strain on the U.S. economy. As U.S. foreign policies negatively impact developing countries, BRICS is working to bolster their local currencies in the global market, intensifying the economic challenges faced by the U.S. #Inflation #USEconomy #FederalReserve Source: Watcherguru
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Russia and China Strengthen Economic Ties, Push for De-Dollarization Amid BRICS bloc growth initiatives, China and Russia have announced that 90% of their trade is now conducted in Ruble or Yuan, moving away from the US Dollar. In a recent meeting, Russian President Vladimir Putin and China's Xi Jinping discussed enhancing their nations' relationship and furthering the BRICS alliance's mission. The leaders issued a significant joint statement deepening diplomatic relations and agreeing to boost their “comprehensive partnership and strategic cooperation.” This shift to local currencies marks a major step toward de-dollarization, positioning Russia and China at the forefront of BRICS efforts to reduce reliance on the US Dollar. Their strengthened relationship sets a precedent for other BRICS nations to consider similar collaborations. #BRICS #ChinaRussia #DeDollarization #GlobalTrade Source: Watcherguru
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Global Economic Shifts: China and BRICS Countries' Record Sell-off of US Treasuries In a historic move, BRICS member China dumped a record number of US treasuries and agency debt bonds worth a staggering $53.3 billion during the first quarter of 2024. This marks the largest sell-off ever recorded by China. This massive offloading coincided with the US dollar hitting a one-month low at 104.20. Since 2022, China and other BRICS nations have been divesting billions in US treasuries, highlighting a trend to reduce reliance on US assets. With the US debt soaring to an alarming $34.4 trillion, BRICS countries are increasingly favoring local currencies over the dollar. Even close US ally Belgium followed suit, selling off $22 billion in treasuries in the same period, indicating a broader shift among European nations away from US economic dependence. #China #BRICS #USTreasuries #DebtCrisis #GlobalEconomy #USDollar Source: Watcherguru
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IMF Acknowledges Threat to US Dollar Amid BRICS De-Dollarization Efforts The International Monetary Fund (IMF), often referred to as the World Bank, has confirmed that the US dollar is at risk due to the growing de-dollarization movement spearheaded by BRICS nations and other local currencies. The IMF has taken note of the BRICS agenda to diminish the US dollar's status as the world's reserve currency. The organization emphasized that the threat posed by BRICS and other local currencies is real and warrants serious attention. #IMF #WorldBank #USDollar #DeDollarization #BRICS #GlobalEconomy Source: Watcherguru
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Putin and Xi Jinping Meet: Signaling Shift in Global Dynamics Russian President Vladimir Putin's recent meeting with China's leader Xi Jinping has sparked speculation about a potential shift in global dynamics. The strategic talks between the two BRICS countries indicate a shared mission towards de-dollarization and challenging the supremacy of the US dollar. Discussions reportedly revolve around industry, high technology, renewable energy, and potentially the war in Ukraine. The outcome could reshape the global economic landscape significantly. Stay tuned for updates on this developing story. #Putin #XiJinping #Geopolitics #DeDollarization Source: Watcherguru
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We want to hear your thoughts/ideas. What do you think we should do to improve BRICS Chain ecosystem? $10 reward for the person with the best suggestion. Gg!!
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$10 USDT giveaway Coming up soon.. Y’all stay tuned!🔥
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Amidst talks of expanding the BRICS alliance, speculation arises over North Korea's potential role in the bloc. With its recent interactions with BRICS founders Russia and China, the isolated nation appears to be breaking free from its geopolitical isolation. The allure for North Korea lies in BRICS' mission to challenge the hegemony of the US dollar, aiming to reshape the global financial landscape. However, hurdles abound, given North Korea's contentious status and strained relations with the West. Yet, if successful, its inclusion could herald a seismic shift in global geopolitics. Stay tuned as the BRICS alliance navigates these complex waters. #BRICS #NorthKorea #Geopolitics #USdollar Source: Watcherguru
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Hello Guys, We are facing some technical issues due to server outage, we are working on restoring all systems back online. Thanks.
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Breaking News: India and Russia are spearheading BRICS' ambitious de-dollarization agenda, making waves in global finance. In a historic move, the two nations have sidestepped the US dollar, opting instead to settle a substantial $4 billion arms deal using their local currencies. This significant shift not only solidifies their economic partnership but also underscores their determination to reduce reliance on the dominant US dollar in cross-border transactions. As BRICS nations increasingly pivot towards utilizing local currencies for trade, this milestone sets the stage for a potential transformation in the international financial landscape. Stay tuned for updates. #BRICS #DeDollarization #GlobalFinance Source: Watcherguru
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Our YouTube channel is live Kindly go like,Subcribe and comment on our videos!
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https://www.youtube.com/watch?v=bEPyJrJTMbc
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https://www.youtube.com/watch?v=19FUfvivu6c
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https://www.youtube.com/watch?v=BPzQ2xelP9c
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Amidst the ever-evolving geopolitical landscape, the BRICS economic alliance, comprising Brazil, Russia, India, China, and South Africa, has emerged as a formidable force. Central to this alliance is China, whose economy has experienced remarkable growth in recent years. The year 2023 witnessed a significant surge in China's GDP, surpassing initial forecasts by a substantial margin. Various sectors have contributed to this growth, with the nation's burgeoning oil demand emerging as a prominent driver. Despite the increased demand, oil prices have remained relatively stable, but the potential ramifications for the broader oil sector loom large. As China solidifies its position as a global economic powerhouse, its influence on global markets becomes increasingly pronounced. Stay informed as we navigate this dynamic landscape together. #BRICS #ChinaEconomy #OilDemand #Geopolitics Source: Watcherguru
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"BRICS members China and Russia are leading the charge to diminish the dominance of the US dollar in global trade. Chinese President Xi Jinping's recent statement reflects a growing sentiment among developing countries. With BRICS successfully advocating for the use of local currencies, the US dollar's position as the world's reserve currency is under threat. The alliance aims to bolster native economies by prioritizing local currencies in cross-border transactions, challenging the USD's supremacy." Source: Watcherguru
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BRICS is convincing other developing countries to use local currencies and ditch the US dollar for global trade. The alliance is spearheading the de-dollarization initiative calling for other nations to cut ties with the USD. China, Russia, and India are the top three nations looking to push their local currencies ahead of the US dollar. Nigeria has also applied to join BRICS and expressed its interest in being a part of the grouping. India and Nigeria will use local currencies in the bilateral trade agreement for energy, pharmaceuticals, and transport sectors. The bilateral trade between India and Nigeria stood at $11.8 billion in FY 2022-23. #Brics #Dedollarization Source: Watcherguru
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We would be Hosting a Quick AMA session tomorrow here on our Tg community!.. We Want everyone to be there so we can share insights about how we have grown and progress made in the past few months.. Ensure you’re there 🔥
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Hello guys!.. We have just made a post about our Ambassador program on our X page!.. Interested in joining us in our journey,Check out our post and fill the Form there!.. The form is opened for 5Days only!.. GOODLUCK!🔥
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Title: "Rising U.S. Dollar Debt Sparks BRICS Nations to Seek Trade Diversification" In a bid to mitigate the risks posed by soaring U.S. dollar debt, BRICS countries and other developing nations are eyeing alternatives to the dominant currency for trade settlements. With the debt surpassing $34.2 trillion, concerns mount over the stability of the global financial system. Diversifying trade away from the USD could offer greater resilience and autonomy to these economies, safeguarding them against potential market crashes. #USDDebt #TradeDiversification #BRICS Source: Watcherguru
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Hello All, here is some good digest for you. Introduction Let’s Dive into What BRICS Chain is all about and how you can Benefit from what we are Trying to Build here. 1. Defining $BRICS, Unveiling the Concept. Ever wondered how to combine the stability of traditional currencies with the innovation of blockchain? That's where $BRICS comes in. $BRICS, is a digital token backed by the currencies of the BRICS nations - Brazil, Russia, India, China, South Africa, Egypt, UAE, Iran, Ethiopia, Saudi Arabia, and 20+ nations. But what makes it different from Bitcoin? Well, Let’s see! While Bitcoin operates independently of any central authority, $BRICS draws its strength from the following; i.) The stability and credibility of BRICS currencies. ii.) The security and decentralized technology from the blockchain. iii.) The tangibility of real wold assets and natural resources iv.) And much more... This unique blend of blockchain technology and real-world assets sets $BRICS apart as a pioneering force in the realm of digital finance. 2. Advantages of $BRICS, Why We Matter? $BRICS offers the best of both worlds: the stability of fiat currencies coupled with the security and powers of the blockchain technology. With a pegged reserve ratio between $BRICS and the BRICS fiat currency, users can enjoy stability in exchange prices. Plus, the transparency and accountability provided by blockchain ensure that every token is fully backed by real-world assets. You believe all these are too good to be True? Let’s Continue! 3. How $BRICS Works, Exploring the Mechanism: Here's how we work, for every $BRICS token in circulation, there's an equivalent amount of fiat currency held in reserves. This ensures that the value of $BRICS remains stable and reliable. Whether you're making transactions or storing value, $BRICS operates just like any other cryptocurrency but with the added security of being backed by real assets. Still not getting it? Let’s make an example. Let's say you want to buy Bitcoin with your local currency, but you're worried about exchange rate changes. With $BRICS, you can avoid this hassle. You convert your money into $BRICS tokens, buy Bitcoin easily, and know that your investment stays stable, regardless of currency fluctuations. 4. Getting Started with $BRICS, Your Path to Participation. Ready to join the $BRICS revolution? Acquiring $BRICS is simple. You can purchase $BRICS from Our Web wallet wallet.bricschain.io. Simply head over to our Website bricschain.io and create a wallet with us on wallet.bricschain.io. With user-friendly interfaces and seamless integration with existing financial systems, getting started with $BRICS is easier than ever. Are you ready to explore the future of finance with $BRICS? Join us as we pave the way for a new era of stability and innovation in the world of cryptocurrency! Website: bricshchain.io Wallet: wallet.bricschain.io Email: [email protected] Channel: t.me/bricschainchannel Group: t.me/bricschaingroup
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Hello All!..Let’s Dive into What Bricschain is all about and how you can Benefit from what we are Trying to Build here. 1. Defining $BRICS: Unveiling the Concept; Ever wondered how to combine the stability of traditional currencies with the innovation of blockchain? That's where $BRICS comes in. $BRICS,is a digital token backed by the currencies of the BRICS nations - Brazil, Russia, India, China, and South Africa. But what makes it different from Bitcoin? Well,Let’s see!… While Bitcoin operates independently of any central authority, $BRICS draws its strength from the stability and credibility of BRICS currencies. This unique blend of blockchain technology and real-world assets sets $BRICS apart as a pioneering force in the realm of digital finance. 2. Advantages of $BRICS: Why We Matter: $BRICS offers the best of both worlds: the stability of fiat currencies and the security of blockchain technology. With a one-to-one reserve ratio between $BRICS and the BRICS fiat currency, users can enjoy stability in exchange prices. Plus, the transparency and accountability provided by blockchain ensure that every token is fully backed by real-world assets.You believe all these are to good to be True??Then Let’s Continue!. 3. How $BRICS Works: Exploring the Mechanism: Here's how we work:For every $BRICS token in circulation, there's an equivalent amount of fiat currency held in reserves. This ensures that the value of $BRICS remains stable and reliable. Whether you're making transactions or storing value, $BRICS operates just like any other cryptocurrency - but with the added security of being backed by real assets.Still not getting it??Let’s make an example. Let's say you want to buy Bitcoin with your local currency, but you're worried about exchange rate changes. With $BRICS, you can avoid this hassle. You convert your money into $BRICS tokens, buy Bitcoin easily, and know that your investment stays stable, regardless of currency fluctuations. 4. Getting Started with $BRICS: Your Path to Participation Ready to join the $BRICS revolution? Acquiring $BRICS is simple. You can purchase $BRICS from Our Web wallet. Simply head over to our Website bricschain.io and create a wallet with us. With user-friendly interfaces and seamless integration with existing financial systems, getting started with $BRICS is easier than ever. Are you ready to explore the future of finance with $BRICS? Join us as we pave the way for a new era of stability and innovation in the world of cryptocurrency!
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"BRICS Nations Embrace Gold: Is China Leading the Charge?" 🌟 China, a prominent member of the BRICS alliance, has been making headlines as the top purchaser of gold since 2022. With reports indicating that China alone has amassed over 300 tonnes of gold valued at $561 billion in just 18 months, it's clear that a significant shift is underway. The move is not just about accumulating a shiny commodity but rather a strategic shift away from the US dollar. Financial pundits speculate that BRICS nations, including China, are bolstering their gold reserves as a hedge against a potential US recession. Could this be the beginning of a new economic era, with gold at its center? #BRICS #GoldReserves #EconomicShift Source: Watcherguru
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"Breaking News: India and Nigeria Forge Groundbreaking Trade Partnership 🌍🤝 In a historic move, India and Nigeria have solidified a significant trade agreement, shunning the US dollar in favor of local currencies. This landmark deal encompasses key sectors such as energy, pharmaceuticals, and transport, signaling a strategic shift away from traditional currency norms. With both nations opting to settle trade in their respective local currencies, this pact not only fosters economic cooperation but also challenges the dominance of the US dollar on the global stage. Stay tuned as the finalization of the chosen currency unfolds! #TradePartnership #IndiaNigeria #LocalCurrency" Source: Watcherguru
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🚨 Economic Warning Alert 🚨 Renowned author Robert Kiyosaki (@TheRealKiyosaki) sends shockwaves through X (formerly Twitter) with his dire prediction: "The crash has begun." Brace for impact as the BRICS alliance intensifies de-dollarization efforts. Are you prepared for Dolllar’s Crash? #EconomicCrash #DeDollarization Source: Watcherguru
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A new Contest coming up soon!.. Get ready for it🔥
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Gm Gm all!
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Title: "BRICS Expansion: Potential Game-Changer in Global Oil Dynamics" In a strategic move, BRICS has extended invitations to top oil exporters, including Saudi Arabia, aiming to reshape the global oil sector. The alliance's push for de-dollarization and use of local currencies for trade could gain momentum with potential new members, potentially altering the traditional dynamics of oil supply and payments. Saudi Arabia's potential entry into BRICS could mark a significant shift in the global oil landscape, with far-reaching implications for economies worldwide. Stay tuned for updates on this evolving development. #BRICS #OilIndustry #GlobalEconomy Source: Watcherguru
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Less than 7hourd remaining to our AMA space on X! Be there!🔥
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Maldives Confirms New Trade Deal with India and China: Local Currencies to Replace US Dollar for Imports The government of Maldives has announced that BRICS members India and China have agreed to conduct import transactions using local currencies, moving away from the US dollar. This significant step is expected to benefit developing countries by strengthening their native economies through cross-border transactions in local currencies. India and China will collaborate to facilitate payments for imports in their respective local currencies, aligning with the BRICS initiative of de-dollarization. This new trade agreement between the three nations marks a pivotal shift in international trade dynamics. #BRICS #DeDollarization #GlobalTrade Source: Watcherguru
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BRICS Advances De-Dollarization Efforts BRICS is intensifying its efforts to reduce reliance on the US dollar by encouraging developing nations to use alternative currencies for global transactions. The recent addition of four new countries to the bloc has significantly bolstered this agenda. These new members are also supportive of establishing a BRICS currency to challenge the dominance of the US dollar. Russia and Iran, both current BRICS members, have expressed their intent to adopt the BRICS currency immediately upon its introduction, foregoing the US dollar for trade. Facing US sanctions, these nations are particularly motivated to distance themselves from the dollar and seek financial independence. #DeDollarization #BRICSCurrency #GlobalEconomy Source: Watcherguru
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Fed Governor Raises Concerns Over BRICS De-dollarization Agenda In a first, Fed Governor Christopher Waller raised concerns over the de-dollarization agenda initiated by BRICS. The BRICS alliance has kick-started the de-dollarization movement, prioritizing local currencies in global trade over the US dollar. This shift aims to make local currencies more prominent in settling cross-border transactions, potentially diminishing the USD's dominance. Waller acknowledged the seriousness of the BRICS initiative and confirmed that the Fed is closely monitoring these de-dollarization policies and their potential impact on the US economy. #DeDollarization #GlobalEconomy #BRICS Source: Watcherguru
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👍 1
Are you an Nft Artist? Go check this out! https://x.com/bricschain/status/1793896724681064815
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BRICSChain (@bricschain) on X

DID YOU KNOW? We have a program for #Nft Artists on our website,where you can showcase your creativity by making arts which you can sell on our website? Now you know!😁 Go check it out and Make some art on

https://t.co/osWgFnQoIp

Now! #NFTTrading #Crypto #BlockchainInnovation

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India's Economic Surge and BRICS Expansion India's economic future looks exceptionally promising, with its GDP expected to continue rising significantly. At the CII Annual Business Summit 2024, Amitabh Kant projected that India would account for 30% of the global GDP between 2035 and 2040. Over the past three quarters, India's GDP has grown by 8.4%, currently standing at $3.417 trillion. Additionally, the United Nations has revised its 2024 growth forecast for India, raising it from 6.2% to 6.9%. As the BRICS alliance prepares for further expansion in 2024, India's growing economic influence will play a crucial role in shaping the global economy. #IndiaRising #BRICS2024 #EconomicGrowth Source: Watcherguru
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We just posted a New giveaway on our X page!..Go participate https://x.com/bricschain/status/1793514187299418171
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BRICSChain (@bricschain) on X

We added some few new things on our Website recently I would be picking 3 random persons for $20 worth of $BRICS each that can identify at least 3 new things added to our website. Drop your entry under this tweet and in our tg Group! #Giveaway #BitcoinAsia #Cryptocurrency #Brics

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BRICS Alliance to Intensify De-Dollarization Efforts in 2024 The BRICS alliance is set to amplify its de-dollarization initiatives next year. Speaking at the Russia-Islamic World: KazanForum 2024, Iranian Deputy Foreign Minister Ali Bagheri Kani emphasized the bloc's unwavering commitment to reducing dependence on the US dollar. He highlighted plans to develop the necessary infrastructure across various economic sectors to ensure smoother transitions away from the greenback. This move underscores the alliance's strategic efforts to bolster economic independence and resilience. #BRICS #DeDollarization #EconomicIndependence #GlobalEconomy Source: Watcherguru
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A very short poem on X about Bitcoin pizza day😂..kindly Go engage https://x.com/bricschain/status/1793373157249970230
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BRICSChain (@bricschain) on X

On Bitcoin Pizza Day, a legend was made, Ten thousand coins for a pizza, a costly trade. Don’t miss your chance, buy $BRICS today, So history's lesson won't lead you astray. Happy Bitcoin Pizza’s Day!!🔥 #BitcoinAsia #crypto #Brics

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Our thread winners have been announced !🔥
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