#比特币对比代币化黄金 I recently came across an interesting piece of news—the BRICS countries (Brazil, Russia, India, China, and South Africa) have come up with a new concept called the “Unified Settlement Unit” (Unit), which, simply put, is a settlement tool pegged to gold. The purpose is clear: to bypass the US dollar system and reduce reliance on Western financial infrastructure.
But things aren’t that simple. India’s stance is quite nuanced; they’ve made it clear they don’t want a unified currency and still prefer using their own currencies for trade settlements. After all, no one wants to hand over their financial sovereignty.
From a crypto market perspective, this de-dollarization trend is actually quite noteworthy. Traditional safe-haven asset gold is being reshuffled, so will these $BTC $ETH $SOL digital assets also benefit? At the very least, when it comes to the narrative of “resisting single currency hegemony,” cryptocurrencies and this Unit share some similarities. We’ll have to keep watching to see how the market reacts.
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rugpull_survivor
· 13h ago
India’s move totally fell through, huh? Still has to rely on local currency settlements—in the end, it’s all about lack of trust. Gold-backed assets sound good, but compared to BTC’s complete decentralization, they still fall short. There’s still no final word on which one is the true safe haven asset.
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MaticHoleFiller
· 13h ago
India really is an old hand; as soon as BRICS breaks the agreement, they start nitpicking... By the way, if this Unit really takes off, the story of BTC will be even easier to tell.
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SleepyArbCat
· 13h ago
Yet another de-dollarization story... Even India doesn't want to play with a unified currency, and Unit still dares to challenge BTC's status? Ridiculous. What's the use of being pegged to gold? Still has to look at the Fed's attitude.
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MainnetDelayedAgain
· 13h ago
The BRICS' Unit is pegged to gold, which sounds quite similar to BTC, but for actual implementation, we'll have to wait for India to give the green light. According to database records, the execution cycle for this kind of multilateral agreement is often postponed more than three times, which might as well be included in the Guinness World Records.
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BlockchainDecoder
· 13h ago
According to research, the Unit promoted by BRICS is basically old wine in a new bottle—it’s still a centralized settlement tool at its core, which is fundamentally different from BTC’s truly decentralized approach. The fact that India is reluctant to participate is crucial, showing that reaching broad consensus is far from easy.
Let’s analyze this calmly: a gold-backed stablecoin? There are obvious technical bottlenecks—cross-chain interoperability, liquidity depth, pricing mechanisms... none of these issues have been solved. Have you seen how high the failure rate was for similar projects last year?
Instead of focusing on Unit, it’s better to pay attention to the performance of BTC and ETH in macro hedging—those are the things really worth tracking.
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MentalWealthHarvester
· 13h ago
India has always been this cautious, probably afraid of getting trapped, haha.
#比特币对比代币化黄金 I recently came across an interesting piece of news—the BRICS countries (Brazil, Russia, India, China, and South Africa) have come up with a new concept called the “Unified Settlement Unit” (Unit), which, simply put, is a settlement tool pegged to gold. The purpose is clear: to bypass the US dollar system and reduce reliance on Western financial infrastructure.
But things aren’t that simple. India’s stance is quite nuanced; they’ve made it clear they don’t want a unified currency and still prefer using their own currencies for trade settlements. After all, no one wants to hand over their financial sovereignty.
From a crypto market perspective, this de-dollarization trend is actually quite noteworthy. Traditional safe-haven asset gold is being reshuffled, so will these $BTC $ETH $SOL digital assets also benefit? At the very least, when it comes to the narrative of “resisting single currency hegemony,” cryptocurrencies and this Unit share some similarities. We’ll have to keep watching to see how the market reacts.