Prospects for the development of a cross-border payment system within BRICS+ using CBDC

Автор: Bityuk A.A., Gliznutsa M.V.

Журнал: Экономика и бизнес: теория и практика @economyandbusiness

Статья в выпуске: 5-1 (111), 2024 года.

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The article is devoted to assessing the possibilities of optimizing the system of cross-border payments between countries participating in the BRICS+ interstate association through the use of digital currencies of central banks, which are currently being implemented by the participating countries; the need for their use is substantiated against the background of the growing volume of cross-border transactions between the BRICS+ countries and the desire of some of them to accelerate the process of de-dollarization and increase the volume of transactions in national currencies; problems that the BRICS countries may encounter when building a common system of cross-border payments based on national digital currencies are identified, and possible measures to solve the identified problems are proposed.

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Brics+, digital currency, central banks, cross-border payments, sanctions, de-dollarization

Короткий адрес: https://sciup.org/170204657

IDR: 170204657   |   DOI: 10.24412/2411-0450-2024-5-1-25-29

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