BRICS 2024: Russia To Push Petroyuan/mBridge Combo in Kazan
Russia is expected to advocate for the petroyuan and its own mBridge system as alternatives for oil payments.
BRICS 2024: Russia To Push, Petroyuan and mBridge in Kazan
(GFN) The global financial landscape is shifting rapidly, with BRICS nations accelerating the trend toward de-dollarization. Western sanctions on Russia have acted as a catalyst for this movement. One of the latest developments is BRICS' consideration of using the petroyuan for oil settlements, a…