🌍 The Role of BRICS in 2026 Under India’s 2026 Chairmanship, BRICS is attempting to position itself as a shocker absorber for the global economy. However, it faces an uphill battle: Feature BRICS Strategy in 2026 Trump Administration Response Currency Exploring a linked CBDC system to bypass the dollar. Threatened 100% tariffs on any country that backs a BRICS Currency. Expansion Integrating new members like Iran, Egypt, and the UAE. Using targeted tariffs to discourage trade with hostile BRICS members. Tech Pushing for independent payment networks (de-dollarization). Promoting U.S. Dollar-backed stablecoins to maintain dollar hegemony. The Bottom Line: BRICS is moving from a symbolic group to a functional economic alternative. However, the U.S. is using the dollar’s "exorbitant privilege" and aggressive trade policy to force a choice: stay with the Western financial system or face total economic isolation. Note: The market currently views Bitcoin as a "risk asset" (moving with stocks) rather than a "safe haven" like gold, which has hit record highs during this recent volatility. $USDC {spot}(USDCUSDT) $XUSD {spot}(XUSDUSDT) $BFUSD {spot}(BFUSDUSDT) #MarketRebound #BinanceHODLerBREV #StrategyBTCPurchase #BTC100kNext? #USBitcoinReservesSurge
According to Scott Bessent, Trump’s choice for the next Federal Reserve Chair could be unveiled next week. This announcement could be a major catalyst, and the market is already paying close attention.