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Arzu ALVAN

Economy Blog, Academic Perspective

Tag: Strait of Hormuz yuan payment

The BRICS Unit Launch: When the Alternative to the Dollar Became Real Infrastructure

For fifty years, talking about replacing the dollar was like talking about the weather. Everyone did it. Nobody changed anything. Then something shifted. Not with announcements. Not with speeches. With plumbing. On October 31, 2025, a digital settlement instrument called the BRICS Unit started its pilot phase. By January 2026, it was processing real energy and raw material trades. Not…

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