A 2025 BRICS economic report, uncovered by crypto researcher SMQKE and shared by Kenny Nguyen on X, explicitly references the XRP Ledger (XRPL) as a potential solution for trade finance and digital currency development, per Times Tabloid and. The report, detailed in slides posted by Nguyen, emphasizes XRPL’s escrow model for automating cross-border trade settlements, ensuring funds are securely held in virtual accounts until contractual conditions are met, per. This marks the first formal acknowledgment of XRPL by a major economic bloc representing 40% of the global population, per.
The report ties XRPL to BRICS Pay, a decentralized blockchain-based payment system aimed at reducing reliance on SWIFT and the U.S. dollar, per. BRICS, comprising Brazil, Russia, India, China, South Africa, and new members like Saudi Arabia, seeks to streamline cross-border trade with a system that could leverage XRPL’s sub-5-second settlement times and $0.00002 transaction fees, per. The BRICS Business Council, active since 2019, is exploring cryptocurrencies to advance de-dollarization, though it also considers an in-house smart contract system for greater control, per.
Nguyen’s post connects the report to XRP ($2.29), RLUSD (Ripple’s USD-backed stablecoin), and the potential XRP ETF, framing XRPL as a cornerstone for global financial infrastructure, per. Ripple’s On-Demand Liquidity (ODL) processed $1.3T in Q2 2025, with 300+ institutional clients, outperforming SWIFT, per. The report’s nod to XRPL boosts its credibility, potentially driving adoption, per. X posts from @SMQKEDQG highlight XRPL’s role in BRICS’ $84T wealth shift, per.
Investors should monitor BRICS Pay updates via brics-info.org and XRPL developments on xrpl.org. XRP support lies at $2.20, with resistance at $2.50, per TradingView. Diversify into USDC or ETH ($4,070) with stop-losses below BTC’s $112,000, per. Follow @RippleXrpie on X for updates. If BRICS adopts XRPL, XRP could hit $4 by 2026, per, but proprietary systems may limit its role, per.
