The BRICS 2024 Summit is taking off today, and an alternative payment system is rumored to be one of the key topics of discussion.
According to crypto influencer Amelie, a successful ditch of the US dollar could position XRP as a top alternative for trade among members.
The 2024 BRICS Summit officially takes place today in Kazan, Russia. According to our source, several powerful world leaders, including “Russian President Vladimir Putin, Indian Prime Minister Narendra Modi, and Chinese President Xi Jinping,” would be in attendance. Fascinatingly, another agenda to ditch the US Dollar could be on the table as Russia seeks a new payment system amid its severe economic sanctions from the West.
What This Summit Means to Russia
It can be recalled that the European Union imposed economic sanctions on Russia in 2014 in response to Moscow’s annexation of Crimea. Following reports that Russia had launched a full-scale military invasion in Ukraine, these sanctions intensified, forcing seve

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