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A Blow to the Dollar: Russia Reaches Historic Milestone by Paying for Over Half of Its Imports in Rubles

According to the Central Bank of Russia, 53.5% of all imports to the country were paid for with Russian rubles in February, marking a historic record. Currencies from unfriendly countries,…

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Checkmate: How Adopting a BRICS Payment System Might Erode the Dollar’s Dominance in Trade Markets

Several international analysts examined how the introduction of a BRICS international payment system might affect the current use of the U.S. dollar in trade. Experts cited sanctions evasion, cost reduction,…

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Mercuryo CEO: Crypto’s Arrival on the World Stage Won’t Be a ‘Eureka Moment’

According to Petr Kozyakov, trust in traditional finance, notwithstanding its inefficiencies, creates hesitancy among businesses and regulators regarding stablecoins. Traditional Finance Inertia Hinders Crypto Adoption Despite the early promises of…

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