Will BRICS Replace the Dollar? Trump’s Tariff Threat Explained
Published: 2025-07-27
Status:
Analyzed
Published: 2025-07-27
Status:
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
BRICS Pay is projected to launch under Brazil's presidency, with claims of handling 20,000 messages per second, significantly exceeding Swift's capacity.
"BRICS Pay is supposedly launching this year under Brazil's presidency. They claim it can handle 20,000 messages per second, roughly 40 times Swift's current capacity of about 518 per second."
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The Mbridge platform, a CBDC project involving China, Thailand, UAE, and Hong Kong, achieved minimum viable product status by mid-2024.
"The Mbridge platform, the CBDC project link in China, Thailand, UAE, and Hong Kong, reached minimum viable product stage in mid 2024."
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Approximately 90% of intra-BRICS trade is now settled in local currencies, an increase from 65% two years prior.
"About 90% of intra-bricks trade is now settled in local currencies according to recent estimates. And that's up from 65% just 2 years ago."
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BRICS' share of global SWIFT payments has risen to 6.4%.
"Bricks share of global swift payments has increased to 6.4%."
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BRICS' share of cross-border bank settlement claims has increased to 15%.
"Their portion of crossber bank settlement claims has risen to 15%."
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BRICS now represents 40% of global GDP in purchasing power parity terms, compared to 28% for the G7.
"The block now accounts for 40% of global GDP in purchasing power parity terms compared to 28% for the G7."
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US Treasury bonds are experiencing sell-offs during market stress, deviating from their historical role as a safe-haven asset.
"US Treasury bonds are selling off during periods of market stress instead of attracting flight to quality flows."
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US Treasury market trading volumes reached $472.5 billion in a single day following a Trump tariff announcement.
"Trading volumes in the US Treasury market hit 472.5 billion on a single day after one of Trump's tariff announcements."
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The 10-year US Treasury yield increased by 49 basis points.
"The 10-year yield spiked 49 basis points."
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97% of stablecoins are pegged to the US dollar.
"97% of them are dollar pegged."
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Tether (USDT) has over $130 billion in circulation.
"Now, Tether alone has over 130 billion in circulation."
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Russia and Iran expressed strong interest in developing their own stablecoins at last year's Kazan summit.
"At the Kazan summit last year, Russia and Iran were particularly vocal about developing their own stable coins"
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China continues to hold over $700 billion in US Treasury securities, despite discussions about de-risking from the dollar.
"China, for all its talk about de-risisking from the dollar and building alternative systems, still holds over $700 billion in US Treasury securities."
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Donald Trump believes that by applying maximum pressure, he can maintain BRICS' fragmentation and defensiveness indefinitely due to existing divisions.
"Trump's betting that these divisions are insurmountable and that by applying maximum pressure now he can keep bricks fragmented and defensive indefinitely."
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BRICS central banks made record gold purchases in 2024, indicating a potential move away from dollar-denominated assets.
"BRICS central banks bought more gold in 2024 than any year on record."
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In countries facing sanctions, crypto acts as a lifeline to global markets, and each instance of sanctions, tariff threats, or frozen accounts potentially creates new crypto users.
"We already see in this in countries under sanctions where crypto provides a lifeline to global markets. Every sanctions regime, every tariff threat, every frozen bank account creates another crypto convert."
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If cryptocurrencies pose a genuine threat to dollar dominance, the subsequent response is predicted to be far more severe than current tariff threats.
"If crypto truly threatens dollar dominance, expect the response to make Trump's current tariff threats look like a gentle suggestion."
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Saudi Arabia is now accepting Chinese Yuan for its oil sales to China.
"Saudi Arabia is accepting yuan for oil sales to China."
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