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ARTICLE · 05 AUGUST 2026

BRICS Pay

Braumiller Group (Dallas)
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An announcement will take place next month at the 2026 New Delhi summit kicking off what some would consider the structural take off for BRICS and the beginning of the end for the U.S. dollar. What is that? BRICS Pay. First, let’s start with what BRICS Pay is not. Russian Senator Vladimir Dzhabarov says that this is not a single currency, but rather a payment system. The purpose behind the platform is to link national payment systems and potentially, and in the future, link digital currencies of the central banks.

United StatesInternational Law
Victoria Holmes
Victoria Holmes
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An announcement will take place next month at the 2026 New Delhi summit kicking off what some would consider the structural take off for BRICS and the beginning of the end for the U.S. dollar. What is that? BRICS Pay. 

First, let’s start with what BRICS Pay is not. Russian Senator Vladimir Dzhabarov says that this is not a single currency, but rather a payment system. The purpose behind the platform is to link national payment systems and potentially, and in the future, link digital currencies of the central banks. This idea was initially made public by India’s central bank in January, to make tourism and trade easier between BRICS countries. This news of course was received negatively by the Trump administration, which has warned against any moves to bypass the dollar. The administration has also previously called the alliance anti-American and has threatened to pose tariffs.

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