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Digital assets have become a relevant actor in international trade, and now even BRICS, the bloc helmed by countries like Russia, India, and China, have started eyeing them to be part of their financial structure. Russian Minister Anton Siluanov referred to the possible role that digital financial assets would play in the upcoming trade reality of the BRICS bloc and, by extension, in the world’s trade finance operations. Quoted by TASS, the official Russian news outlet, Siluanov said digital financial assets were part of the arsenal that would fuel BRICS trade. He stated: We are considering our various financial innovations on the BRICS floor, including the cross-border payment system that can be based, further to bilateral settlements, on national currencies with consideration of digital technologies and digital financial assets. Siluanov remarked on the relevance of creating innovative payment structures for the future of BRICS trade. “The buildup of the financial infrastructure is very important for the development of trade and economies of our countries,” he assessed. Digital financial assets (DFA) broadly include cryptocurrencies and other assets, including tokenized gold or other metals with a distinct issuer. Russia has been preparing to use DFA in international trade since last year, when President Vladimir Putin signed a law that allowed their use for international payments. Nonetheless, leveraging them for domestic payments is still forbidden. Read more: Russia Regulates Use of Digital Assets for International Settlements Siluanov himself described the inner workings of the upcoming BRICS payment system during last year’s BRICS summit at Kazan. “This system is planned on new formats, and approaches, taking into account the use of digital financial assets. This is a new system design,” he noted back in October. Read more: BRICS Payment System a SWIFT Substitute? Network to Implement Digital Assets and Financial Messages In March, Chairman of the Russian State Duma Committee on the Financial Market Anatoly Aksakov also referred to the possibilities DFA would bring to the country’s trade settlements: “It’s quite possible that this will be a serious channel to replace fiat currencies in international transactions,” he concluded. Read more: Russian Duma Financial Market Chairman States Digital Financial Assets Might Replace Fiat for International Payments 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到[email protected]，本平台相关工作人员将会进行核查。

Crossmint (Ribbit Cap recently led their $23M investment round) & $tibbir will play a key role in @RibbitCapital 's Agentic Finance vision. @alfongj (crossmint co founder) @mickymalka (ribbit cap founder) they're both started to follow @ribbita2012 on Sunday...

$BTC daily Failed to break out of the descending broadening wedge (DBW), now what? This is likely to play out one of three ways, in order of what I believe is most to least probable. 1. There is a lot of leeway to form a higher low and a partial decline of the DBW, which would allow the party to resume relatively quickly. 2. Form a lower low then reverse at the 2024 range highs around $71.3K-$73.8K. 3. The most bearish scenario is a measured move from the ATH to the bear flag to $62K, which I think is very unlikely unless there is a black swan event. We'll have more clarity after Q1 closes on Monday.

MonkeDAO, a community-owned non-fungible token project on Solana, has announced it’s become the first decentralized autonomous organization to adopt a Bitcoin reserve. Solana ( SOL )-based MonkeDAO announced on March 28 that it had adopted a Bitcoin ( BTC ) reserve in its strategy by acquiring the APOLLO on Solana token zBTC. The newly-launched zBTC is a token pegged 1:1 to Bitcoin and native to Solana . MonkeDAO is the first DAO to adopt the token for its treasury reserve. According to the APOLLO team, the token offers BTC on-chain – not bridged or wrapped but permissionless. Holders can tap into this token to participate in decentralized finance on Solana, earning on-chain yield. MonkeDAO says it’s adding this zBTC to its treasury. The 1 zBTC purchased goes into the Strategic Monke Reserve. SMR is the NFT DAO project’s treasury reserve strategy that will help the community foster financial sustainability. It’s also MonkeDAO’s commitment to a permissionless ecosystem for Bitcoin DeFi, or BTCFi. zBTC allows Bitcoin holders the opportunity to participate in DeFi on Solana via lending, borrowing, and yield farming activities. “The SMR is our commitment to long term growth and the addition of zBTC diversifies [and] strengthens our current pool of native assets,” MonkeDAO posted on X. This strategy is nonetheless not the Strategy, formerly MicroStrategy, level of play, but it does illustrate the growing confidence in Bitcoin. As well as the 1:1 peg with Bitcoin, APOLLO says zBTC leverages the trustless two-way peg for security, which it actually achieves via a simple payment verification sidechain. The token also taps into a decentralized validator set on the Zeus Network. For its role in BTCFi, Apollo and Zeus Network target the “trillions in value” on the Bitcoin network. Opening up BTC from its underutilized liquidity, with hodlers’ coins idle in wallets, is a big opportunity for growth and use case strengthening. Zeus Network validated its first Bitcoin transaction on Solana in December 2024.

#Blockchain technology is expected to play an important role in the global digital economy.