Brazil and Argentina are making plans for a Latin American currency called the Sur, to “boost regional trade and reduce reliance on the US dollar”. Lula had pledged it while running for president.
VIDEO: https://youtube.com/watch?v=mudBO1iffOo
Sources and more information here: https://geopoliticaleconomy.com/2023/01/22/brazil-argentina-latin-american-currency-dollar
Latin America’s plan to challenge US dollar with new currency and ‘regional financial architecture’: https://geopoliticaleconomy.com/2022/12/01/latin-america-us-dollar-currency