Tag: Gold

  • BRICS Launched a Gold-Backed Currency — Here’s How “The Unit” Works

    BRICS Launched a Gold-Backed Currency — Here’s How “The Unit” Works

    KEY TAKEAWAYS The BRICS Unit is a gold-anchored digital trade currency designed for cross-border settlement.Its launch coincides with record public anxiety about dollar debasement, as shown in Google Trends data shared by Bloomberg.The prototype uses a 40% gold and 60% BRICS-currency basket that adjusts daily.The pilot signals a structural move toward de-dollarization and strengthens long-term…