2h00 ▪
3
min of reading ▪ by
Luc Jose A.
As the BRICS welcome new members and strengthen their de-dollarization agenda, a burning question emerges: could the Tether (USDT) stablecoin be the United States’ secret weapon to preserve their economic hegemony? The implications for the crypto market and the global economy are immense.
The BRICS’ De-Dollarization Efforts
The BRICS group, consisting of Brazil, Russia, India, China, and South Africa, has recently invited Iran to join its ranks. This expansion underscores the growing ambition of these nations to challenge the economic supremacy of the US dollar. Tether CEO Paolo Ardoino recently highlighted the importance of Tether (USDT) in this context. He stated that the USDT “brings the US dollar to hundreds of millions of people around the world living in developing countries who need an alternative to their local…
