BRICS Currency Launch?

In today’s episode of What’s going on with BRICS:BRICS CurrencyLaunch?Dollar ThreatOr Just Talk?If you’re new to the channel, hey, take a moment, subscribe to the channel, then hit the bell to be alerted about new episodes when they drop.Coming to you today from [location to be filled by owner].What’s in the News* Right now – no BRICS currency exists* Simple fact: As of December 2025, BRICS has no single shared money like the euro.* Countries still use their own currencies (rupee, yuan, real, ruble, rand).* What they do have: Growing trade in those local currencies instead of dollars.* What is the “Unit” people talk about?* It’s a tiny test project – only 100 digital tokens issued in October 2025.* Backed partly by gold (40%) and partly by BRICS currencies (60%).* Purpose: Let members try settling trade deals without using dollars.* Reality check: It’s worth about $8,000-8,500 total and has no big real-world use yet.* If they launched a real currency – short-term effects* Would make buying/selling between BRICS countries easier and cheaper.* Cut the need for dollars in those deals (BRICS trade worth over $1 trillion yearly).* But only affects trade inside the group – dollar stays king for most world trade.* Medium-term changes – a slow squeeze on the dollar* More countries might join in using the new currency for trade.* Global South nations could prefer it to avoid US sanctions or dollar swings.* Yuan would likely benefit most – already growing in world payments.* Long-term “what if” – could the dollar lose its top spot?* Dollar is used in ~88% of world trade and ~58% of foreign reserves today.* A successful BRICS currency could chip away at those numbers over decades.* Higher US borrowing costs possible if fewer people want dollar bonds.* But dollar’s advantages (stability, huge markets) make quick fall unlikely.* Big roadblocks – why it’s not easy* No shared central bank to control money supply or interest rates.* Countries have very different economies – hard to agree on rules.* Some members (India, Brazil) don’t want China to dominate.* Currency needs to be freely usable – yuan has capital controls limiting this.* What experts mostly say* Most analysts: No fast dollar replacement – too many hurdles.* Gradual shift possible: More trade outside dollars over 10-20 years.* BRICS leaders themselves talk “local currencies” not “one currency.”* Impacts on silver, gold, bitcoin if launched* Gold: Likely surge as safe-haven and backing demand rises – already up 20-30% in 2025 on de-dollarization buzz.* Silver: Indirect boost from gold rally and industrial ties (solar/EVs); could follow with 50-100% gains.* Bitcoin: Potential volatility spike – seen as “digital gold” hedge, could hit new highs on uncertainty, but risk of drop if dollar stabilizes.* Overall: Precious metals benefit most; crypto sees wild swings.* US response – how Washington could push back* Tariffs: 10-100% threats on BRICS-aligned trade (Trump repeated in 2025).* Sanctions: Target banks or firms using the currency to isolate it.* Diplomacy: Pressure allies to stick with dollar; promote USD advantages.* Fed actions: Rate adjustments to strengthen dollar appeal.* Speculation (clearly labeled)* If scaled with commodity backing: Gold/silver demand explodes, prices +50-100% in a year.* Bitcoin wild card: $200k+ surge if seen as neutral alternative (pure market chatter).* US escalation: Major sanctions could crash BRICS assets, rallying dollar temporarily.* In a multipolar world, a full BRICS currency is still “what if” territory – local trade grows steadily, but replacing the dollar faces huge challenges. No overnight revolution coming. 🌀 This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wgowbrics.substack.com