BRICS is embarking on a transformative journey to redefine global financial dynamics by introducing a blockchain-based payment system aimed at diminishing the US dollar's dominance, as announced by Kremlin aide Yury Ushakov.

This strategic move signifies BRICS' commitment to fostering a more inclusive, efficient, and politically neutral financial landscape.

Through this initiative, BRICS is not just challenging the existing financial system but also showcasing the potential for technological innovations like blockchain to serve as the foundation for a new era of monetary transactions.

This endeavor could potentially reshape how global economies interact, paving the way for a more diversified and equitable financial infrastructure.