Tether CEO Paolo Ardoino thinks stablecoins like USDT can push back against the de-dollarization efforts of BRICS.

The U.S. dollar has dominated global trade since 1944, serving as the world’s primary reserve currency. This role has given ...

During our lifetimes, we have taken financial governance somewhat for granted. The US dollar has provided the global unit of ...

President Trump’s attacks on the group of emerging economies, which includes Brazil, Russia and China, have put one member — ...

He suggested that if a BRICS currency unit is worth 1 ounce of gold and the gold price goes to US$3,000 per ounce, the BRICS currency unit would be worth US$3,000, while the dollar would lose ...

The BRICS Don’t Like the Dollar-Dominated World Economy, but They’re Stuck With It. 5 minute read. Thomas Trutschel—Photothek/Getty Images. By Michael Schuman. July 21, 2014 1:31 AM EDT.

BRICS is expanding to include six new countries and exploring the idea of a common currency to reduce the dominance of the U.S. dollar.

BRICS nations, when combined, lack the political stability to make investors confident in a combined currency, he argued. “There is not an immediate threat to the dollar over the next 10 years ...

The BRICS group is holding its 15th summit this month. Up for discussion: expansion of the bloc, greater local currency use and the possibility of a BRICS currency that could challenge USD ...

On Sunday, the BRICS group issued a statement condemning US and Israeli military strikes on Iran, a BRICS member.

BRICS, now BRICS+ due to the admission of new members, ... Meanwhile, in Washington, skepticism about how closely dollar hegemony matches U.S. national interests is growing.

The BRICS are worried about the long-term fate of the dollar because of America's large trade and budget deficits. They also begrudge the privileges that come with being the leading reserve ...