Recently, I started to observe a movement that could significantly change the way countries make international payments: the so-called “BRICS PIX.” The idea is to create a payment system among the BRICS countries — consisting of Brazil, Russia, India, China, and South Africa — to facilitate direct transfers between their economies.
In practice, it would be something similar to Pix, but aimed at international transactions. Instead of relying on systems dominated by the West, like SWIFT, countries could settle payments almost in real-time using their own currencies.