Introduction: Will BRICS Use XRP in the Future of Global Trade?

The question “will BRICS use XRP” has become one of the hottest debates in crypto, geopolitics, and global finance. As BRICS nations (Brazil, Russia, India, China, and South Africa) expand their influence, many analysts believe they could reshape how international payments work — possibly moving away from the US dollar.

This shift has sparked a huge wave of curiosity among investors, crypto enthusiasts, and even global economists:

• Could BRICS adopt a blockchain-backed settlement solution?

• Is XRP the best candidate due to its speed, scalability, and low cost?

• Is this rumor realistic or just hype?

In this in-depth guide, we unpack the facts, possibilities, challenges, and expert predictions to answer the burning question: will BRICS use XRP — now or in the future?

Let’s dive in.

 Understanding BRICS and Their Push Toward a New Payment System

To understand whether BRICS will use XRP, we need to break down what BRICS is and what it wants to achieve.

The global financial landscape is changing faster than ever before, and at the center of this shift stands one powerful alliance: BRICS. Over the past decade, the BRICS nations have gained enormous attention from economists, investors, and political experts — not only for their rapid economic growth but also for their clear desire to reduce dependence on Western-controlled financial systems. This shift has sparked growing discussions around whether BRICS is planning to introduce a new payment system, possibly reshaping how the world conducts international trade.

To understand where this movement is headed, it’s important to break down what BRICS is, why it matters, and what motivations are driving its major changes in global finance.

 What Is BRICS?

BRICS is a group of fast-growing economies consisting of:

• Brazil

• Russia

• India

• China

• South Africa

As of 2024, the group has expanded to include:

Together, these countries represent:

1) Over 40% of the world’s population

2) Nearly 31% of global GDP (PPP)

3) About 18% of world trade

• Iran

• Saudi Arabia

• Ethiopia

• Egypt

• UAE

This expansion signals a powerful shift toward creating an alternative bloc that can rival traditional Western institutions. With this expansion, BRICS is no longer just a group of emerging countries — it is becoming a global power bloc that can rival Western institutions like the IMF, World Bank, and even the dominance of the U.S. dollar.

 Why BRICS Is Creating a New Trade System

BRICS nations have clear goals:

• Reduce reliance on the US dollar

• Create a common trade system

• Enable faster and cheaper cross-border payments

• Build financial independence

• Increase global influence

This is where the question “will BRICS use XRP” becomes relevant — because XRP is already designed for low-cost global value transfers.

 What Is XRP and Why Do People Think BRICS Might Use It?

XRP is a digital asset designed for cross-border payments, built by Ripple Labs. Its purpose is simple:

Move money instantly, at low cost, across any country.

This fits perfectly with BRICS’ mission to build a new financial framework.

 Features of XRP That Appeal to BRICS

1. Fast Settlement

XRP transactions settle in 3–5 seconds, compared to:

• SWIFT: 2–5 days

• Bitcoin: ~10 minutes

• Ethereum: ~15 seconds

2. Extremely Low Fees

Average cost per transaction: less than $0.01

This is ideal for large-volume international trade.

3. Neutral, Borderless Asset

Unlike national currencies, XRP is:

• Not tied to any country

• Not controlled by any government

• Globally accessible

4. Proven Use Cases

XRP is already used by:

• Banks

• Fintech companies

• Payment providers

This track record fuels the speculation: will BRICS use XRP for trade settlements?

 Will BRICS Use XRP? Examining the Possibilities

Let’s break down the potential scenarios regarding whether BRICS will use XRP.

 BRICS Uses XRP as a Settlement Bridge

This is the most realistic scenario.

BRICS does not need XRP to be their currency. Instead, XRP could act as a bridge asset that converts one national currency into another instantly.

For example:

INR → XRP → CNY

This eliminates the need for USD-based conversions.

Why This Might Happen:

• XRP is designed for this exact purpose

• No need for a fully new BRICS currency

• All countries keep their own monetary control

• Reduces friction and cost

Many crypto analysts believe this is the most likely outcome.

 BRICS Creates Its Own Digital Currency (Less Likely to Use XRP)

BRICS has already discussed building:

• A BRICS digital currency

• A BRICS gold-backed currency

• A blockchain-based settlement system

If they succeed, they might not need XRP directly — but XRP could still connect with the new system.

Why This Might Happen:

• China and Russia prefer control over their own system

• Some BRICS countries may not want external assets involved

• A unified BRICS stablecoin is politically appealing

Still, creating a brand-new currency is complicated and requires long-term coordination.

 BRICS Does Not Use XRP (Currently No Official Confirmation)

As of now, BRICS has not officially announced:

• A partnership with Ripple

• Use of XRP in their payment systems

• Plans to integrate public blockchain assets

This does not rule out future possibilities, but ensures we separate facts from speculation.

 What Experts Say About BRICS Potentially Using XRP

Crypto and geopolitical analysts frequently comment on the possibility. Here’s a summary of expert insights:

 Experts Supporting XRP Integration

Many analysts highlight:

• XRP’s proven speed

• XRP’s interoperability

• Ripple’s partnerships with Asian banks

• Growing de-dollarization trends

They argue that XRP is currently the best technological solution for BRICS-style cross-border settlements.

 Experts Against XRP Integration

Others believe BRICS will avoid XRP because:

• Some BRICS nations resist Western-backed technology

• Ripple’s legal issues in the U.S. created hesitation

• Geopolitical strategies may favor a BRICS-built solution

This perspective argues that BRICS wants full control, not reliance on existing crypto.

 Will BRICS Use XRP? Deep Dive Into Real-World Use Cases

Instead of pure speculation, let’s look at real-world Ripple and XRP activity in BRICS nations.

 Ripple in India

India has been one of Ripple’s biggest markets.
Banks like:

• Yes Bank

• Axis Bank

have previously tested RippleNet.

 Ripple in China

Ripple has:

• Investors from China

• Partnerships with Chinese remittance companies

However, China prefers state-controlled networks like e-CNY.

 Ripple in Russia

Russia faces SWIFT sanctions and is seeking alternatives. Ripple has no announced partnership, but the technology could help bypass traditional systems.

 Ripple in Brazil

Brazil has shown strong support for fintech innovation and cross-border technologies.

 Ripple in South Africa

South Africa actively explores blockchain for finance, making XRP viable.

 The Technology Match: Why XRP Fits BRICS Needs

If we strictly look at technology, here’s why XRP is an ideal fit for BRICS:

• Scalable for industrial-level transactions

• Neutral and globally accessible

• Extremely low-cost

• Ideal for settlements between incompatible banking systems

These align perfectly with what BRICS aims to build.

Challenges That Might Stop BRICS From Using XRP

Nothing is guaranteed. Here are the obstacles.

 Political Resistance

Countries like China and Russia prefer full control over their payments infrastructure.

 Regulatory Concerns

Ripple’s past legal issues with U.S. regulators may create hesitation.

 Competition From CBDCs

BRICS countries are aggressively developing:

• Digital yuan

• Digital ruble

• Digital rupee

 Internal Disagreements

BRICS countries occasionally clash on:

• Monetary policy

• Technology adoption

• Cross-border payment frameworks

 Investor Angle — What It Means for XRP Price and Crypto Markets

If BRICS chooses XRP — even indirectly — it would be a massive event for crypto.

 How XRP Could Benefit

• Increased global usage

• Institutional adoption

• Higher demand for liquidity

• Stronger market confidence

 How BRICS Might Affect Crypto Markets Overall

• Push toward de-dollarization

• Greater adoption of blockchain in global trade

• Rise of neutral assets

• Increased geopolitical influence in crypto

The ripple effect (pun intended) could reshape global finance.

 FAQ: Will BRICS Use XRP?

Here are the most common questions people search:

1. Will BRICS use XRP for international payments?

Possibly — XRP fits their needs, but no official confirmation exists.

2. Will XRP become the BRICS currency?

Unlikely. It may act as a bridge, not the main currency.

3. Why do people believe BRICS will adopt XRP?

Because of XRP’s efficiency and BRICS’ goal of bypassing USD.

4. Can XRP help BRICS de-dollarize?

Yes, XRP can facilitate non-USD cross-border transactions.

5. Is there any partnership between Ripple and BRICS?

Not officially — everything is based on technological fit and speculation.

Conclusion: So, Will BRICS Use XRP?

After breaking down the technology, politics, real-world data, and expert opinions, here’s the balanced answer:

BRICS could use XRP in the future as a bridge asset — but nothing official confirms it yet.

XRP is one of the strongest technological solutions for cross-border settlements, and its features align with BRICS’ long-term goals. But geopolitical interests and the desire for full control mean BRICS might also prefer building their own system.

Still, the growing question — “will BRICS use XRP” — signals how global finance is shifting toward blockchain-driven solutions. Whether BRICS chooses XRP or not, the world is clearly moving toward faster, decentralized, and efficient payment networks.