Ivo Capital says BRICS integrated payment system remains distant despite de-dollarization push

• Ivo Capital Partners flagged BRICS+ efforts to build an independent payment network as a long-term de-dollarization theme to watch.
• BRICS Pay could gain attention at the Sept. 11-12 summit in New Delhi, but implementation is not seen as imminent.
• Lack of consensus among members remains a key obstacle, keeping near-term coordination impacts modest.
• Intra-BRICS trade rose more than 13-fold from 2003 to 2024, outpacing trade growth outside the bloc, UNCTAD data showed.
• Global dollar reserves fell to 56% in 2025 from above 70% in the early 2000s, underscoring gradual diversification without a clear rival.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ivo Capital Partners SAS published the original content used to generate this news brief on September 14, 2026, and is solely responsible for the information contained therein.