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Kraken Unveils New Survey: Most Investors Prefer Dollar Cost Averaging


Kraken recently conducted a survey that revealed that most cryptocurrency investors used DCA in their investment strategies. To stay consistent in investing, it’s vital to put in a consistent dollar amount, regardless of market fluctuations. Kraken’s platform has various features supporting this...

Escaping Financial Control: Why BRICS Is Shifting Away From US Dollar System


Why BRICS nations are moving away from the U.S. dollar system: a Russian official described a strategic shift attracting countries looking beyond Western-led systems. A New Era of Sovereignty: BRICS Shifts From Dollar Dependency for Independence Russian Deputy Foreign Minister Mikhail Bogdanov...

BRICS, SCO Align on Unified Payment System to Reduce Dollar Reliance


The Shanghai Cooperation Organization (SCO) is advancing talks on a unified payment system to increase national currency use, aligning with BRICS efforts to counter Western economic dominance. A New Era? SCO’s Talks on Unified Payment System Revealed Shanghai Cooperation Organization (SCO)...

BRICS Leaders Push for Local Currency Network, Diminishing US Dollar Role


BRICS leaders have declared their commitment to a local currency payment network designed to revolutionize cross-border transactions and reduce reliance on the U.S. dollar. BRICS Leaders Commit to a Groundbreaking Local Currency Payment Network At the 16th BRICS Summit in Kazan, Russia, BRICS...

Senator Claims BRICS Push to Ditch US Dollar Could Boost USD Global Dominance


U.S. Senator Bill Hagerty has warned of growing efforts by BRICS nations to bypass the U.S. dollar’s dominance but argued this could ultimately strengthen the status of the dollar as the world’s reserve currency. He emphasized the need for a regulatory framework to boost demand for U.S. treasuries...

Putin Blasts US Sanctions, Reveals 95% of Russian Trade Now Dollar-Free


Russian President Vladimir Putin criticized U.S. sanctions, noting that they are driving global economies away from the U.S. dollar and leading to a gradual decline in its use for international trade and reserves. He highlighted that Russia now conducts 95% of its foreign trade in national...

Millions Already Hold This Latam-Based Dollar Pegged Stablecoin


Mercado Libre, the Latin American e-commerce and financial services giant, has reached a milestone with meli dolar, an in-house distributed dollar-pegged stablecoin. The token, launched in August, is now in millions of wallets, according to Ignacio Estivariz, VP of Fintech Services at Mercado...

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