Drawing the most attention was BRICS Pay, a decentralized payment-messaging framework that stitches together India’s UPI, China’s CIPS, and Russia’s SPFS into a shared interoperability layer.

The 18th BRICS summit opened on Saturday with the bloc taking its most concrete step yet toward loosening the grip of the US dollar, adopting a 45-page New Delhi Declaration on the first day and endorsing a payments architecture built to route cross-border trade around the Western financial system. For most members the move was incremental. For Iran — under sweeping US sanctions, a naval blockade, and roughly six months into a war with the United States and Israel — it was closer to a lifeline.

https://www.zerohedge.com/geopolitical/brics-steps-dollar-iran-pressing-hardest