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Andrey Mikhaylishin, co-founder of the BRICS Pay project, confirmed that the payment system is open to facilitating linkages with Visa and Mastercard. He elaborated that the system’s foundational principles are to seamlessly upgrade its mechanism to benefit the alliance. “BRICS Pay is predicated on open integration,” he said. “Initially, the system will facilitate linkages with Visa and Mastercard, thereby enabling foreign tourists and residents to seamlessly connect their existing cards to the application and conduct transactions without impediment.” Also Read: BRICS Gold-Backed System Sparks Sovereignty Push vs US Dollar However, he made it clear that BRICS Pay partnering with Visa and Mastercard has nothing to do with challenging the US dollar. “The aim of BRICS Pay is not displacement, but rather interconnection. The project endeavors to establish ‘payment bridges’ between disparate national systems,” he said. He stressed that the main focus is only on connectivity rather t...

Major Capital Contract Upgrade Completes Serenity Phase, Opening Up Morpheus to Multiple Yield Sources To Earn MOR NEW YORK, NY Sep 18, 2025  Morpheus , a decentralized marketplace for AI inference and personal AI agents, today announced its major capital contract upgrade (v2) is now live, bringing multi-asset staking to users by integrating with Aave DeFi lending markets. In addition to previously available staked Ether (stETH), the upgrade now enables users to stake stablecoins, USDC and USDT, and wrapped Bitcoin (wBTC) to earn MOR, a utility token like ETH for Ethereum that contributors hold or stake to access AI inference and/or build and fund projects in the ecosystem. Users can easily deposit capital here. “Today marks a significant milestone: the completion of Morpheus' Serenity Phase, moving Morpheus beyond a single yield source (Lido stETH) and opening it up to yield from many sources,” said David Johnston, lead code maintainer at Morpheus. “The b...

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The US dollar has been on its way down since 2001, but managed to gain control in 2004, 2009, 2015, and 2020. From 2020 onwards, the greenback is only heading south, receiving no support from the currency markets. Emerging economies are signing trade deals in local currencies and abandoning the USD for cross-border transactions. This is a very unique time in history where the Benjamin is at the crossroads of a major change. The greenback stands at risk of losing it all than at any point in history. Also Read: US National Debt Crosses $37.5 Trillion: Is Dollar Collapse Near? US Dollar Foreign Exchange Reserves Drop From 72% to 59% Source: Freepik.com The chart below shows that foreign exchange reserves in the US dollar have fallen from 72% in 2001 to 59% in 2025. That’s a steep decline of 13% in the last 24 years. Post 2020, central banks of developing countries have experienced a gold boom and have been accumulating tonnes of the precious metal. China, India, Brazil, and South Afr...