As geopolitical tensions heighten, dedollarization is gaining traction as a means to bolster economic autonomy. The BRICS alliance, long envisioned as a competitor to the US-centric global order, faces an abrupt shift in strategy after Brazil’s decisive announcement regarding its stance on a common currency. This move signals a more realistic approach in light of limited progress and challenges within the BRICS project. 🇧🇷 🇺🇸 By advocating for alternative payment systems and blockchain technologies, while acknowledging the current limitations of a singular currency, Brazil has opted for a less ambitious trajectory, highlighting the complexities of achieving financial independence on a global stage. This change marks a departure from Brazil’s historical enthusiasm for dedollarization, driven by economic realities and strategic calculations in a volatile geopolitical environment.