I have dumb cunts telling me Russia 'asking' (more like adding) to demands in negotiations of being added back onto the SWIFT system as if that'd be an L at all for Russia. As a baseline I'd assume they get reserves back at that rate. Let'a just imagine that that happened. What does Russia lose? 0, Nothing, and it allows them to currency swap and do some things like DUMP THEIR TREASURY RESERVES to turn into hard goods after coming off of a war. All it can do is make the US situation worse.
Demands getting followed to make the US look weaker, allows Russia more resource flexibility immediately, this lets them intake and offload things, can help utilize money for real goos, makes the treasury issues worse on the US, and it would just be useful for them coming off a war as they can still utilize the BRICS Pay system too. Pretty much no downside for Russia as long as they don't go hard into the USD.
@FinalDresdonation The USA will be able to trade with BRICS without being a BRICS partner when this stable coin system is initiated,But most likely Brazil will be our proxy for trade with BRICS unless Trump makes the deal for the central banks to include the digital dollar somehow at the next BRICS summit that will take place in Rio de Janeiro on July 6-7
https://tass.com/politics/1942253
"There is an opportunity to form payment platforms independent of external influence, one example being the financial messaging system of the Bank of Russia," the…
TASS