BRICS Nations Ponder Digital Currency to Ease Trade, Reduce USD Reliance

Such blockchain-based threats to the role of the dollar internationally are soon potentially to rise in scope and severity, with the apparent imminent launch of China’s digital yuan and hints that the EU may develop its own e-euro. The Facebook-led Libra project has also raised U.S. regulators hackles, presenting as it does an alternative to USD for Facebook’s billions of global users.

https://www.coindesk.com/brics-nations-ponder-digital-currency-to-ease-trade-reduce-usd-reliance

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