"BRICS Payment" is suspected to be false information, and the Chinese monetary authorities said they were unaware of it

According to Caixin, the recent news that the so-called "BRICS Pay" system will be piloted in China has been confirmed to be doubtful. Relevant departments said that the Chinese monetary authorities were not aware of the existence of "BRICS Pay", nor did they participate in related projects, let alone launch a pilot program. It is reported that "BRICS Pay" claims to be a decentralized multilateral cross-border payment system jointly launched by the BRICS countries, and the English and Chinese versions of the "official website" have appeared on the Internet, attracting attention. Many industry insiders pointed out that this may be a false propaganda routine in the field of cryptocurrency, used to mislead the public to invest, and it should be treated with caution. It was previously reported that Trump asked the BRICS countries to use the US dollar, otherwise they would face a 100% tariff and say goodbye to the US market.