While debates about the privacy of the digital dollar are underway in Washington, an alternative quietly takes shape: BRICS — Brazil, Russia, India, China, South Africa — is promoting its own digital payment system aimed at dedollarization.
🔶 What's happening:
🇨🇳 China is expanding the use of the digital yuan in cross-border transactions.
🇷🇺 Russia has moved to the second stage of testing the digital ruble in interbank settlements.
🇧🇷 Brazil is integrating tokenized government bonds into the DeFi infrastructure.
🇮🇳 India is testing CBDC wallets with offline mode.
🌐 A unified blockchain platform is being created between countries to bypass SWIFT.
---
🟠 And where is Bitcoin in this?
While CBDCs are gaining momentum, Bitcoin remains the only truly decentralized asset, independent of political blocs.
The growing interest in BTC as "digital gold" and a neutral reserve tool is evident:
📈 Central banks are increasing the share of BTC in "shadow" balances.
🏦 Global corporations (MicroStrategy, Metaplanet) continue to buy.
🌍 In countries with weakened currencies (Turkey, Argentina, Nigeria) — growth in local trading volume.
---
❓What's next?
The digital world is moving towards a split:
➡ CBDC → state control
➡ BTC → privacy, open market
The choice is becoming political rather than just financial.
---
Who do you think will win this race: states or code?
👇 Write in the comments.
