The Adoption Of Bitcoin And Stablecoins By The BRICS Could Accelerate Dedollarization.
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The BRICS bloc is considering the adoption of Bitcoin and stablecoins, which could accelerate the dedollarization process and challenge the US dollar's dominance in international trade.
March 18, 2025 | 11:30 am
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The potential adoption of Bitcoin by the BRICS bloc could increase its demand and usage, challenging the US dollar's dominance in global trade.
The BRICS bloc's consideration of Bitcoin adoption suggests a potential increase in demand and usage for Bitcoin, as it could serve as an alternative to the US dollar in international trade. This could positively impact Bitcoin's price.
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