#XRPETFIncoming? This is a big development in the global financial landscape. The BRICS currency initiative, if successful, could challenge the dollar’s dominance in international trade, especially in energy markets where the petrodollar system has long given the U.S. economic leverage.

Trump's concerns align with the broader fear that a BRICS-backed currency—likely pegged to commodities like gold—could accelerate the de-dollarization trend. Countries like China and Russia have already been pushing for alternative trade settlements in yuan and rubles. If more nations start using a BRICS currency for trade, it could reduce demand for the U.S. dollar and impact its global influence.

The key question is: How much traction can a BRICS currency really gain? The U.S. still holds significant financial power through SWIFT, its alliances, and the dollar’s role as the world’s reserve currency. But with geopolitical tensions rising, the West might need to rethink its strategy to maintain dominance.

Do you see this as a real threat to the dollar, or just another attempt by BRICS that won’t gain much ground?