159 Countries Set to Adopt BRICS New Payment System

SS: The financial impact of 159 countries adopting the BRICS payment system could be significant for the U.S., as it may reduce the global reliance on the U.S. dollar in trade, weakening its status as the world’s reserve currency. This de-dollarization could lead to a decrease in demand for U.S. assets, potentially increasing borrowing costs, lowering the value of the dollar, and causing inflation to rise domestically. Furthermore, international sanctions tied to the dollar may lose effectiveness, reducing U.S. leverage globally