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Vladimir Putin Wants BRICS to Break Free From Western Financial Pressure, But a Unified Payment System Still Faces One Major Hurdle — 'Trust'

Sep 12, 2026 · 03:56 AM ET· updated 1h ago
Vladimir Putin Wants BRICS to Break Free From Western Financial Pressure, But a Unified Payment System Still Faces One Major Hurdle — 'Trust'

BRICS is pushing local-currency trade and a unified payment system, but trust and sanctions remain key hurdles.

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Why It Matters

Some countries want to trade with each other using their own money instead of American dollars, to avoid sanctions. This is hard because countries need to trust each other first, and that takes time to build.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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