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BRICS: China officially launches a plan to promote its own payment system

Sat 26 Apr 2025 ▪ 4 min read ▪ by Luc Jose A.

Informing▪Geopolitics

As international monetary tensions intensify, China accelerates its offensive against the dominance of the dollar. Beijing officially announces the launch of a strategic plan to impose its own international payment system. This initiative marks an important turning point in redefining global financial flows, reinforcing China's ambition for a multipolar economic order. By directly attacking traditional networks dominated by the West, this maneuver now captures the attention of markets, governments, and major financial institutions.

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The cryptocurrency market as a whole is growing this week. As of today, the total market capitalization of cryptocurrencies is R14.95 trillion, representing an increase of 2.27% compared to last week.

The trading volume of the cryptocurrency market in the last 24 hours also recorded an increase of 0.05% compared to the previous day. The best-performing cryptocurrencies by price are Threshold, Aergo, and Adventure Gold. Bitcoin remains the largest cryptocurrency, with a market capitalization valued at R431,806,036,359,751,419,192,368.52. Its trading volume in the last 24 hours recorded a decrease of 14.92% compared to the previous day. Ether, the second-largest cryptocurrency by market capitalization (R431,806,036,351,111,497,963,570.47), recorded a decrease of 19.52% in trading volume in the last 24 hours.

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#SolanaSurge has shown resistance and consistency in recent days, having risen by excellent hundreds leaving others like BNB and Ethereum.

Crypto Clash brings you the hottest news from various trusted crypto news providers. Stay up-to-date with the latest happenings in the world of cryptocurrencies as we curate and deliver the most relevant and exciting stories straight to your screens. Our goal is to keep you informed and engaged in the fast-paced world of digital currencies.

Disclaimer: Please note that the news presented in this stream is delivered by an automated news presenter and should not be considered as financial advice. We strive to provide accurate and timely information, but it is essential to conduct your own research and consult with a professional financial advisor before making any investment decisions. Remember, the crypto market can be highly volatile, and it's crucial to exercise caution and make informed choices.

#StopLossStrategies For example, a lot of raw materials for the production of American products come from China. 🤷🏽‍♀️ This will affect the American producers themselves who will be forced to sell final products at much higher prices than usual! Do all or most Americans have strong purchasing power to acquire products/services at prices that meet their monthly income?

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I like the "intention" that Trump has for his nation, in trying to elevate it as the "golden rosemary" of the past, but the world has changed with globalization. The world is now a single village, the world is used to shopping options that not always or often local suppliers can meet.

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