#XEC🔥🔥🔥
The Brics is accelerating the implementation of Brics Pay, a financial settlement system that promises to reduce dependence on the dollar in transactions between the countries of the bloc — formed by Brazil, Russia, India, China, and South Africa, as well as new members like Egypt, Ethiopia, Iran, and the United Arab Emirates.
The project, nicknamed "Global Pix", will allow for fast transfers, with lower cost and risk, between member countries. Although it is not a single currency, the initiative envisions the use of technologies such as blockchain, QR codes, digital wallets, and communication channels between central banks to expedite and reduce the costs of operations.
Source: ICL News
In light of this news report, there are rumors that $XEC will be the chosen cryptocurrency.
If the contract occurs, the currency will skyrocket.
Buy and hold!!!