DFA adoption across BRICS nations may yield up to $50 billion in investments by 2030
The adoption of digital financial assets (DFA) across the BRICS nations is projected to attract up to $50 billion in investments by 2030. This assessment was shared by the Yakov and Partners consulting company, which collaborated with experts from the Central University to evaluate the current state and future potential of DFA in shaping a new global financial architecture.
According to their study, implementing DFA for both domestic and international use within BRICS could generate a cumulative economic impact of up to $50 billion by 2030, averaging roughly $12.5 billion per year.
The most significant potential of these digital financial tools lies in transforming international infrastructure. Establishing a new mechanism for cross-border investment among the #BRICS countries, independent of traditional systems, is expected to boost investment volumes and lower financing costs.
#NEWS #finance
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