In accordance with MetaEra, on December 8 (UTC+8), the BRICS group launched a working prototype of a trade currency named 'Unit,' a digital transaction tool backed by a reserve basket consisting of 40% physical gold and 60% BRICS currencies, with equal weights for the Brazilian real, Chinese yuan, Indian rupee, Russian ruble, and South African rand. (Source: PANews)
BRICS Launches Gold-Backed Digital Currency 'Unit'
KuCoinFlashShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.