XRP Rumored for BRICS’ Gold-Backed System, Amidst Potential Trade Revolution

For over a decade, the BRICS nations have been aiming to decrease their reliance on the US dollar for international trade and reserves. XRP could be at the heart of this system, designed to facilitate fast, cost-effective, and cross-border payments. Rumors continue to circulate about the BRICS alliance, which includes countries such as Brazil, Russia, India, China, South Africa, Saudi Arabia, potentially using XRP in a gold-backed system for trade.