BRICS Successfully Launch Gold-Backed UNIT
Cooperation areas
Source: ZeroHedge | Original Published At: 2025-12-05 13:47:00 UTC
Key Points
- BRICS launched UNIT, a gold-backed basket currency for international trade settlements
- Designed to replace traditional debt-backed sovereign money systems amid geopolitical tensions
- Represents formal attempt to create bloc-based parallel monetary systems
- Marks shift from sovereign balance-sheet trust to asset-level collateral anchoring
- Reflects BRICS' strategic move toward financial system decoupling from Western-dominated structures