Bricks Pay and Global Currency Dynamics

This chapter examines the Bricks Pay initiative, a multi-currency transaction card proposed by BRICS nations to reduce dependency on the U.S. dollar. It explores the implications of this shift on international trade, particularly through the lens of the Enbridge framework and the challenges of standardizing commodity exchanges. The discussion also touches upon the geopolitical influences at play, as nations navigate the complexities of alternative financial systems amidst growing competition and sanctions.