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Cryptocurrency News Articles

BRICS Summit Underscores Crypto's Role in Economic Diversification

Nov 04, 2024 at 06:28 pm

At the 16th annual BRICS Summit in Kazan, Russia, key figures from Russia, China, and Iran highlighted the importance of moving away from the U.S. dollar in global commerce.

BRICS Summit Underscores Crypto's Role in Economic Diversification

The 16th annual BRICS Summit in Kazan, Russia, saw key figures from Russia, China, and Iran discussing the importance of moving away from the U.S. dollar in global commerce. They highlighted the role of cryptocurrencies and central bank digital currencies (CBDCs) in these efforts.

One of the key topics was BRICS Pay, an emerging blockchain-based payment system designed for secure dealings among member states. Currently still in development, BRICS Pay is set to become a significant tool in reducing dollar dependency.

The latest BRICS Business Council report also urged a diminished reliance on the traditional dollar system, underscoring the need for developing innovative financial infrastructure.

In other news, Bitget Wallet, known for its Web3 non-custodial features, has deepened its partnership with 1inch by integrating direct trading capabilities through Bitget.

Bitget initially included 1inch’s aggregation service to enhance its swap functionality, allowing for more efficient token exchanges. This strengthened partnership further enhances Bitget's multichain approach and broadens user access to decentralized trading resources.

According to Bitget COO Alvin Kan, enhancing their collaboration with 1inch is crucial for advancing their trading platform.

As digital assets continue to gain prominence in the world of finance, the limitations of conventional crypto wallets become apparent for those seeking to optimize their investments.

Effective management of digital assets necessitates a forward-thinking wallet that blends robust security with versatility. In this evolving market, Plus Wallet has gained favor among both beginners and adept NFT traders due to its broad cross-chain support and user-friendly interface.

Plus Wallet's cross-chain functionality simplifies the management of NFTs, allowing for straightforward trading and handling of digital assets across various networks. This is particularly beneficial for users managing NFTs on multiple platforms, enabling seamless transfers and management without the complexity of multiple wallets.

The wallet's intuitive design ensures ease of use for all, bolstered by an advanced security system that puts users in full control of their assets.

Whether it involves minting, trading, or showcasing NFT collections, Plus Wallet facilitates all these activities through one cohesive application, merging convenience with adaptability to stand out as a leading choice for crypto wallets in NFT management.

As the BRICS Summit highlights the significant role of cryptocurrencies in shaping a new economic framework, building a robust crypto portfolio becomes essential, achievable only with top-tier trading tools.

Bitget's partnership with 1inch simplifies trading and enhances its multichain strategy, while Plus Wallet offers a secure, adaptable solution for diverse crypto activities.

Plus Wallet's cross-chain functionality and streamlined design make complex tasks manageable. Its robust security and passive income opportunities further establish Plus Wallet as an optimal choice for NFT management and asset stewardship into 2024.

Explore Plus Wallet:

Website: https://pluswallet.app/

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News source:bitcoinist.com

Disclaimer:info@kdj.com

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