BRICSTPay

A decentralised multi-currency (multi CBDC) Payments System, (stellarprojectsrussia.com) Issuser Address: GCGQR26WQTESEW4YM4ISJYWHTY6PZYUQA6Z6VEXLDQJUJ6CSMDDDER3G ICO On 01/11/2023 CB:70,000%

Project Aurora & Ukaz asset

BRICST Pay is a decentralised multi-currency (multi CBDC) digital international payments system that is designed to be used in all countries and across all forms of currencies. It allows both businesses and consumers to securely and seamlessly make and receive payments in their local currency, reduce the cost and complexity of international payments, and provide a secure and reliable way to pay for goods and services

Launched in 2018 by the BRICS Business Council as a JV between the five BRICS countries (Brazil, Russia, India, China and South Africa), the team building this platform consists of experts in payments, banking, technology, Stellar blockchain, and other related fields

The BRICST Pay system is an essential component of the QSFS, but it itself is not a CBDC. Instead, it is a highly integrated and interoperable SuperLaunchpad within the Stellar ecosystem that houses all other Stellar payment matrices

For example, using Russia's MetaTrader5 (MT5) as the base framework, it was then reprogrammed to feature new design elements as well as to incorporate trading algorithms from all financial institutions (such as Aladdin, investment banks, hedge funds, venture capital firms, etc). In the future, it will also be fully interoperable with SCO Exchange, MOEX, StellarRussia's SGBG, BRICST Launchpad, and other future Stellar payment launchpads

This is why it is not designed to service any one particular currency, but all BRICST member countries' respective national currencies, including incorporting new member countries and their currencies as BRICST continues to expand over time. BRICST Pay will eventually also connect with fintech companies such as Trustpay, which bridges retail, CBDCs, and Sovereign Treasuries together on Stellar

One important note is that BRICST Pay currently does not allow any payments or transactions denominated in US Dollars. Therefore, it is a major facilitator in global dedollarization because it promotes only BRICST member countries, and these same countries are all equally focused on the shared vision of dedollarization. Only after the global currency revaluation operation has completed, will BRICST Pay then honor the USTN (US Treasury's CBDC)

One of the main goals is to enable trade and financial transactions between the BRICST+ countries by bypassing the US Dollar and Euro, thereby reducing dependency on and eventually replacing Western Financial systems, such as SWIFT. Doing so will allow member countries to regain sovereign control over their own finances, so that no 3rd party actor will ever again be able to manipulate nor control them. In short, BRICST Pay is the global payment platform or service solution to crush the banking cabal

A few early adopters: (https://www.silkroadbriefing.com/news/2023/10/24/brics-pay-the-latest-development-integration-updates/)
- India's State Bank of India (SBI)
- Russia's Sberbank and VTB bank
- China's Bank of China and ICBC
- Brazil's Petrobras
- UK's Standard Chartered Bank
- At the core of BRICST Pay is the New Development Bank (NDB), which is also known as BRICS Bank

One example of how it can be used is seen in this 2019 demo: "First BRICS Pay demo purchase" (https://www.youtube.com/watch?v=n40w8NCqlFQ&t=22s)

Stellar Humanitarian Wealth Transfer:

? Passive Income Assets (https://t.me/QuantumStellarInitiative/22968)
? Project Aurora & Ukaz (https://t.me/QuantumStellarInitiative/21777)