The Importance of a BRICS Currency for International Trade

China's won is slowly but surely being adopted for more international payments, which they say could lay the foundation for a trade system running parallel to the dominant US dollar. Argentina has announced that it aims to regularly pay for Chinese goods in one and not dollars. The discussion of de-dollarization really picked up pace last year after sanctions were imposed on Russia over Putin's invasion of Ukraine. Zoltan Poza says we may be observing the first shifts towards a multipolar world and de-globalization.