Media: The BRICS discusses the possibility of creating a new cryptocurrency for a unified payment system

Cointelegraph quoted Russian media RBC as saying that the BRICS countries (Brazil, Russia, India, China, South Africa) discussed the possibility of establishing a new cryptocurrency for the unified payment system at the recent BRICS Forum. Dmitriev, Director General of the Russian Direct Investment Fund (RDIF), said that the BRICS countries plan to develop a single payment transaction system among member states and discuss the possibility of trading in the future with the cryptocurrency “BRICS”. It pointed out that the BRICS payment system can stimulate domestic currency settlement services and ensure the stability of settlement and investment between member states.