The BRICS gold-backed currency marks a milestone in global financial disaggregation

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The BRICS block has taken a significant step toward monetary autonomy by deploying an innovative currency linked to precious metals. Launched on October 31, 2025, this BRICS currency functions as an exchange mechanism specifically designed to strengthen trade cooperation among member nations, gradually reducing exposure to traditional currency volatility.

Structure and backing of the initiative

The architecture of this BRICS currency is based on a hybrid model where each unit equals 1 gram of physical gold. The reserves backing this issuance are distributed evenly: 40% comes directly from gold reserves, while the remaining 60% consists of the national currencies of the BRICS countries. This combination aims to provide stability without subordinating to a single hegemonic currency.

IRIAS executed the initial launch of 100 units, with technical information recorded on the Cardano blockchain on November 10. This decentralized infrastructure underscores the block’s commitment to transparency and verifiability in its financial operations.

Objectives and scope of the project

The BRICS currency does not intend to replace local monetary systems but to complement them as a facilitation tool for cross-border transactions. The project prioritizes payments between BRICS members and selected allied nations, creating a trade corridor less dependent on traditional intermediaries.

This approach offers a neutral alternative for bilateral and multilateral exchanges, positioning itself as a viable mechanism for high-volume operations without the typical restrictions of conventional channels.

Strengthening reserves and strategic commitment

The momentum of this initiative is reflected in the block’s reserve performance. Up to September 2025, BRICS gold holdings increased by 129.7 tons, bringing the total accumulated to 145.1 tons. This systematic growth demonstrates the block’s deliberate intention to anchor its financial power in tangible, globally recognized assets.

The accumulation of gold and the launch of the BRICS currency form a comprehensive strategy to consolidate the block’s economic autonomy against external pressures.

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