At the 10th annual meeting of the New Development Bank, President Lula proposed a BRICS currency to improve global trade settlements, contrasting the current reliance on national currencies. He warned that failure to find a new formula could negatively impact humanity.
XRP is currently trading at $2.22 with a market cap of 131 billion USD. The cryptocurrency shows signs of potential bullish momentum, but caution is advised due to market volatility. Prices range between $2.20 and $2.24.
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