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India proposes BRICS digital currency summit for faster cross-border payments.
India is proposing a 2026 summit plan to link Central Bank Digital Currencies among BRICS nations, aiming to create a faster cross-border payment system.
This initiative would allow direct settlements between countries' digital currencies, reducing reliance on the US dollar and intermediaries like SWIFT.
The goal is to lower transaction costs, speed up trade, and strengthen financial sovereignty for participating nations.
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India propone una cumbre de divisas digitales BRICS para pagos transfronterizos más rápidos.