With Brazil in the presidency, BRICS discusses alternative transionic payments to the dollar

Under the attentive look of the American President Donald Trump, the Brics In the coming months it will discuss the expansion of alternative transpasse payments to the dollar.

The block, originally composed of Brazil, Russia, India, China and South Africa, who have received more participants in recent years, has discussed the theme for some time. As reported by LivecoinsEven, even tests with cryptocurrency technology have already occurred during this debate.

Recently, Trump said that if an alternative payment agent comes up on the dollar Under the Brics members, the higher rates will impose on country products.

The presidency of Brazil at Brics should promote the transfronistic payment agenda

With the Brazil in the presidency of BRICS in 2025 it is up to the Ministry of Finance and the Central Bank of this country to lead the debates of the “Financial Trail” of the block of countries.

And this is one of the most sensitive themes, as the dollar follows as the dominant currency in world trade. One of the interesting topics of the group for this year is that of artificial intelligence.

In addition, sustainable finances and climate transition are on the agenda of the following meetings.

According to a recent BCB statement, in a comment attributed to Marcelo Aragão, head of the BC’s International Affairs Department (DERIN), he said that the group wants to deepen all cutting solutions to facilitate transionic payments and already increase solutions for bilateral payment systems in usage. ‘The aim is to overcome challenges, such as transfer speed, high speeds and regulatory barriers“Says the leader Van Derin.

It is currently unclear whether cryptocurrency technologies are being discussed, but with the financial progress of recent years it seems that progress can be made in this area.

Calendar of confirmed BRICS meetings in 2025

The Central Bank of Brazil has released the BRICS events calendar in 2025 in recent days, with the most important events of the group countries. In April, for example, a meeting takes place in the American capital.

– 1st meeting of financial representatives and central banks – It will be kept on the day February 25 and will take place in Cape Town (South Africa);

– 2nd meeting of financial representatives and central banks – It will be kept AprilAt the banks of the spring meeting of the International Monetary Fund (IMF)/World Bank in Washington, United States;

– 3rd meeting of financial representatives and central banks – It will be kept Junein Brazil;

– 1st meeting of finance ministers and central banks presidents – It will be kept Between the end of June and the beginning of JulyIn Brazil (after this meeting the BRICS must be held).