Reported 11 months ago
In an effort to resist US dominance and financial sanctions, Russian President Putin announced that the BRICS countries, consisting of Brazil, Russia, India, China, and South Africa, plan to introduce their independent payment system where the virtual currency XRP could potentially be used for cross-border settlements. The move aims to develop a system free from political pressure and external sanctions. This decision, if implemented, could greatly benefit XRP and potentially lead to a surge in its value.
Source: YAHOO