How BRICS+ ‘Unit’ Could Revolutionize Global Trade
Cooperation areas
Source: Brasil 247 | Original Published At: 2025-11-29 11:05:55 UTC
Key Points
- The 'Unit' token is proposed as a decentralized digital currency backed by 60% gold and 40% BRICS+ currencies to facilitate international trade.
- Designed to operate on the Cardano blockchain, Unit aims to reduce dependence on the US dollar and Western financial systems.
- The initiative aligns with BRICS+ goals of creating independent payment systems and diversifying global financial infrastructure.
- Unit combines features of stablecoins and fiat currencies, offering inflation protection and geopolitical neutrality.
- JP Morgan acknowledges Unit as one of the most viable de-dollarization proposals for BRICS+ cross-border transactions.