Coin Edition -
- Vladimir Putin confirmed BRICS is working to develop an independent payment system.
- The group will most likely use XRP for cross-border payments.
- Analysts think XRP could rally to $10,000 if the group archives its plan.
Russian President Vladimir Putin confirmed that the BRICS group is developing an independent payment system to reduce reliance on existing systems. A document from the Russian Central Bank suggests the group may consider using XRP for cross-border transactions.