In what is a massive moment for the economic alliance, BRICS Pay has officially been unveiled. At the BRICS Business Forum taking place in Moscow, participants received brand new cards for the long-awaited payment system. The cards are the first official debut of the landmark project.
Russian State Media originally reported the demo cards contain 500 rubles that can be used for payment throughout three locations at the World Trade. Moreover, participants will be able to spend the funds throughout the Thursday and Friday events.
Throughout the last two years, the BRICS bloc has sought increased financial autonomy. Specifically, they have sought increased de-dollarization in an effort to lessen international reliance on Western currencies. With the bloc’s annual summit just a week away, it has made a massive step toward that goal already.
The bloc’s BRICS Pay system has officially been unveiled at the collective’s Business Forum in Moscow. Those who participate in the event have received a demo version of the payment system card. They have been giving funds to spend through the blockchain-based system.
The card can be registered through a QR code, according to firsthand reports. Additionally, the funds already placed on the card are reportedly valid for the purchase of beverages or souvenirs at the event. The arrival is like a preview of what could come at next week’s summit.
The BRICS 2024 Summit is poised to see the full launch of the payment system. There, the world should get better insight into how it will work and, more importantly, who will participate. It provides a clear opportunity for the global south. Specifically, it allows increased local currency trade and challenges US dollar dominance.

在经济联盟的重要时刻，BRICS Pay正式亮相。在莫斯科举行的金砖国家商业论坛上，与会者收到了期待已久的支付系统的全新卡。这些卡片是该关键项目的首次正式亮相。
俄罗斯国家媒体最初报道称，演示卡内含500卢布，可用于在莫斯科世贸中心的三个地点进行支付。此外，参与者将能够在周四和周五的活动期间使用资金。
过去两年，金砖国家集团一直寻求增强财政自主权。具体来说，他们寻求加强去美元化，以减少国际社会对西方货币的依赖。距离欧盟年度峰会只剩下一周了，它已经朝着这一目标迈出了一大步。
该集团的金砖国家支付系统已在莫斯科举行的金砖国家商业论坛上正式亮相。参加活动的人都收到了支付系统卡的演示版。他们一直在通过基于区块链的系统提供资金。
据第一手报道称，该卡可以通过二维码注册。此外，据报道，卡上的资金可用于在活动中购买饮料或纪念品。此次峰会的到来就像是对下周峰会可能发生的事情的预演。
金砖国家2024年峰会有望全面启动支付系统。在那里，世界应该更好地了解它将如何运作，更重要的是，谁将参与。它为南半球国家提供了明显的机遇。具体来说，它允许增加本币贸易并挑战美元的主导地位。