BRICS countries promote interconnection of central bank digital currencies; the 2026 summit is expected to include it in the agenda

DAOplomacy · 2026-01-19T13:44:13+00:00

The Reserve Bank of India is promoting the connection of central bank digital currencies among BRICS countries with the aim of reducing cross-border payment friction. This topic is expected to be discussed at the 2026 BRICS summit. Although still in the early stages, details such as technology and governance need to reach consensus. Success could reshape the international payment landscape.

DAOplomacy

2026-01-19 13:44:13

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【Blockchain Rhythm】The Reserve Bank of India (RBI) is pushing an ambitious plan to connect the central bank digital currencies of the BRICS countries. The core goal of this idea is straightforward: to reduce friction in cross-border trade and tourism payments, making the flow of funds smoother.

According to informed sources, the issue of CBDC interoperability is expected to be included in the official agenda of the 2026 BRICS Summit. If the Indian government and BRICS partners (Brazil, Russia, China, South Africa) give their approval, this will be the group’s first formal consideration of a CBDC integration plan.

However, things are not as simple as they seem. Industry insiders point out that discussions are still in the early stages. To truly implement this, consensus must be reached on technical architecture, governance frameworks, and settlement mechanisms. These details may seem dull, but they are actually crucial to the future direction of the cross-border payment ecosystem. If the five countries can make breakthroughs in CBDC interoperability, it will undoubtedly reshape the international payment landscape.

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SandwichTrader

· 4h ago

Hmm… That same set of "interconnectivity" rhetoric, just listen and don’t take it seriously --- Can five countries establish a governance framework? I think it's doubtful; central banks of various countries are still fighting each other --- 2026 is still early; by then, the technology will probably need to be changed again… --- How many years have we been talking about cross-border payments? How many have actually been implemented? --- India taking the lead? It feels even more complicated than the US dollar system --- Basically, they want to bypass US dollar settlement, but no one dares to be the first to bear the disadvantages --- Technology is not the problem; the issue is that each country's central bank wants to control its own share of power

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consensus_failure

· 4h ago

Five countries working together on CBDC interoperability sounds great, but can the governance frameworks and all those mechanisms really coordinate well? I'm pessimistic. --- It's not until 2026 that it will be on the agenda, this procrastination is quite serious... --- Basically, it's a desperate struggle under dollar hegemony, but I still remain optimistic. --- The technology isn't an issue; the key is trust. Can five major countries really unify standards? Haha. --- If this really materializes, the cross-border payment landscape will have to be rewritten... feels a bit uncertain. --- India pushing this forward definitely has some plans behind it. --- It's another "early discussion" phase. I bet five bucks that in 2026, they'll still be arguing. --- CBDC interoperability should have been done long ago; late is better than never, right? --- Can the central bank systems of five major countries seamlessly connect? Just thinking about it is complicated.

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BridgeJumper

· 4h ago

2026 is still a long way off. Making a fuss about this now is really... Just shouting slogans isn't enough; it still depends on whether the five countries can settle the technology hurdle. The odds are a bit uncertain.

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EthSandwichHero

· 4h ago

Wow, the BRICS countries are going to implement CBDC interoperability? If this really happens, the dominance of the US dollar will be much more uncomfortable haha 2026 is still far away, let's see if the technology can handle it first. The governance framework seems to be the biggest bottleneck If it really works, cross-border payment experiences will directly soar, no more being gouged by banks I'm just worried that in the end, each country will stick to its own standards, which would be awkward India pushing this is probably still aiming to reduce dependence on SWIFT, smart move

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