India2026.09.11TokenPost

BRICS Pay Pursues Member-Currency Payment Network Instead of a Common Currency

• India proposed linking cross-border payments using national currencies and central bank digital currencies.
• Pawan Joshi, President of BRICS International, told ANI that BRICS Pay does not represent de-dollarization.
• The initiative aims to strengthen national sovereignty and financial connectivity among BRICS members without abolishing any existing currency system.