Is BRICS Pay the beginning of the end for the dollar? What you need to know

The BRICS have just launched their own digital payments platform and a gold-backed coin. It sounds strong, but before everyone believes that the dollar disappears tomorrow, let me break down what is really happening.

The move: BRICS Pay + “Unite” (the digital coin)

Basically, we are talking about:

1. BRICS Pay: A blockchain platform for transactions without intermediaries (goodbye SWIFT, at least in theory)
2. Unir: A digital coin backed by gold, designed for Brazil, Russia, India, China, and South Africa to trade without relying on the dollar.

The promise? Fewer sanctions, faster transactions, more financial independence.

Why it matters ( and why it shouldn't surprise you )

We are in the middle of a competition of powers between Nation-States, cryptocurrencies, and corporations, as Diego Gutiérrez Zaldívar says. The BRICS are not looking to replace their local coins; they are seeking to create a parallel network that operates without external interference.

The reality:

• Argentina, South Africa and other peripheral countries see this as a way out of dependence on the dollar
• China and India gain influence in a decentralized financial system
• The crypto market could grow within the block due to the adoption of alternative technologies

The question that everyone is asking

Does it really change the game?

With interoperability with Visa, Mastercard, and WeChat Pay, BRICS Pay is more of a competitor than a replacement. But here's the interesting part: if millions of people in these countries adopt the system, the geopolitical implications are enormous.

The world is becoming multipolar. The question is not whether BRICS Pay will work, but when other blocs will start doing the same.