đ¨đ¨ Putin just sparked major headlines at the BRICS 2025 Summit â and Trump isnât staying quiet either.
Standing on stage in Rio, Putin boldly declared, âGlobalization is over. Itâs time to trade in local currencies.â Thatâs a direct challenge to the U.S. dollar. In fact, Russia is already conducting 90% of its BRICS trade without using USD â and now, theyâre launching a new system called âBRICS Clearâ to bypass SWIFT altogether.
Trump? He didnât stay on the sidelines.
He fired back with a warning: Any country supporting this anti-dollar shift could face a 10% tariff â and donât forget, heâs floated 100% tariffs before. This could heat up fast.
What does this mean for crypto?
De-dollarization isnât just a geopolitical trend â itâs a huge signal for stablecoins, CBDCs, and decentralized payment systems. As traditional systems splinter, Web3 might emerge as the new neutral ground for global finance.
This isnât just speculation anymore â weâre watching a real-time shift in the worldâs financial power structure.
Whatâs your take?
Can BRICS really shake the USDâs dominance? Or will the dollar strike back stronger?
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