BRICS Summit Adopts New Delhi Declaration to Advance De-Dollarization Payment Framework
By: www.chaincatcher.com|2026/09/14 01:35:49
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Prefer us on GoogleThe 18th BRICS Summit has adopted the New Delhi Declaration, supporting a payment framework that bypasses the Western financial system. The declaration commits to expanding trade and investment settled in the member countries' local currencies, connecting payment systems across nations, and exploring cross-border interoperability. BRICS Pay, as a decentralized payment framework, will integrate India's UPI and Russia's SPFS into a shared layer for settling payments among member countries.
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