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Seeds of Wisdom
South Africa Pushes Through G20 Consensus as U.S. Boycotts the Summit
Africa’s first G20 presidency holds firm as member nations back a declaration without Washington’s participation.
Overview
- South Africa secures broad support for a G20 summit declaration despite the United States refusing to attend.
- Delegations completed the draft outcome document without U.S. involvement, drawing criticism from some U.S. officials.
- Climate policy remains central to the declaration, even as Washington rejects climate-related agenda items.
- Global South priorities—financing, minerals, and fairer lending—take unprecedented prominence under Africa’s first G20 presidency.
Key Developments
- President Cyril Ramaphosa confirmed strong consensus among G20 participants, emphasizing the significance of Africa’s first turn at the presidency and the unity shown by member states.
- The United States boycotted the summit, citing unproven a*********s of discrimination against South Africa’s white minority and opposing the event’s focus on global solidarity.
- Envoys completed a draft declaration touching on climate-induced disasters, the transition to green energy, and ensuring mineral wealth benefits producing nations.
- A final agenda point seeks a more equitable borrowing system for lower-income countries, a priority welcomed by many Global South economies.
- Ramaphosa will hand over the G20 presidency to an “empty chair,” symbolizing South Africa’s refusal to accept the U.S. offer to send a substitute representative.
- Analysts noted that other major economies appear ready to embrace the African-led agenda, allowing meaningful outcomes to proceed even in Washington’s absence.
Why It Matters
This summit marks a pivotal moment for Africa’s role in global governance. Even without U.S. participation, South Africa secured alignment on a declaration centered on development, climate priorities, and fairer financial frameworks—illustrating a broader shift toward multipolar decision-making. The cohesion among other G20 members signals a world increasingly prepared to move forward on global issues even when Washington steps back.
Implications for the Global Reset
- Pillar 1: Multipolar Leadership Expands
The ability of G20 members to reach a declaration without U.S. engagement highlights a redistribution of global influence. Emerging economies are coordinating more assertively on climate, lending, and industrial priorities—key components of long-term financial restructuring.
- Pillar 2: Global South Priorities Move Center Stage
Africa’s first G20 presidency elevated issues—like mineral equity and climate-disaster financing—that align directly with broader global reset trends reshaping supply chains and investment flows.
This is not just politics — it’s global finance restructuring before our eyes.
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Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
- Reuters – “South Africa Says G20 to Agree Declaration Despite U.S. Absence”
- Modern Diplomacy – “South Africa: G20 to Agree Declaration Despite U.S. Absence”
- DW – “South Africa Hosts Historic G20 as Global South Priorities Take Focus” (contextual reporting)
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XRP Goes Mainstream: Bitwise ETF Ignites New Era for Ripple
The NYSE launch gives traditional investors unprecedented access to XRP, setting the stage for a potential market surge.
Overview
- Bitwise’s XRP ETF has gone live on the NYSE, opening the crypto asset to institutional and retail investors.
- XRP’s unique structure, cross-border payment focus, and 13-year history make it a standout in the crypto ecosystem.
- ETF momentum is expected to fuel capital inflows, potentially driving XRP price growth in the near future.
- Analysts predict Ripple could achieve significant long-term gains, with some forecasts projecting prices near $9–$10 by 2040.
Key Developments
- Bitwise XRP ETF Launch
The ETF provides investors with a regulated, spot-based vehicle to gain exposure to XRP. Bitwise highlighted XRP’s potential to disrupt global payments, its strong community support, and favorable regulatory positioning. - Market Resilience and Investor Interest
XRP has maintained stability through prior market fluctuations. Analysts suggest the ETF will attract substantial inflows, supporting both liquidity and price momentum. - Upcoming ETF Wave
More than 100 crypto ETFs, including XRP-focused and broad crypto index funds, are expected to enter the market in 2026, amplifying the ETF ecosystem and institutional adoption. - Price Forecasts
According to CoinCodex and technical analysis, XRP could rise nearly 400% to reach $9.99 by 2040, though short-term sentiment remains cautious with indicators showing extreme fear.
Why It Matters
The Bitwise XRP ETF marks a major milestone in bridging crypto and traditional finance. By offering regulated, accessible exposure to XRP, the ETF could accelerate mainstream adoption, increase market liquidity, and strengthen Ripple’s position in cross-border payments.
Implications for the Global Reset
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- Pillar 1: Crypto Integration into Traditional Finance
The ETF launch signals a growing trend of regulated cryptocurrency instruments entering traditional markets, creating pathways for institutional capital flows into digital assets.
- Pillar 2: XRP as a Strategic Payment Asset
With broader adoption and investment, XRP may solidify its role in cross-border settlements, challenging conventional fiat-dependent systems and supporting a multi-currency, decentralized financial landscape.
This is not just politics — it’s global finance restructuring before our eyes.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
- Watcher.Guru – “Bitwise Just Put XRP on the Big Stage, What Comes After This?”
- CoinCodex – “XRP Price Prediction 2025–2040”
- CoinDesk – “Bitwise Launches Spot XRP ETF on NYSE”
- CNBC – “ETF Market Explosion Expected in 2026, XRP Among Top Picks”
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Source: Dinar Recaps
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BRICS Shift: Indonesia Turns to the Yuan to Break Dollar Dependence
Indonesia accelerates its monetary pivot as local currency settlement with China surges
Overview
- Indonesia is preparing to launch foreign exchange operations in the Chinese yuan and Japanese yen, reducing reliance on the US dollar.
- The country aims to expand Local Currency Transactions (LCT) so trade no longer requires conversion through the dollar.
- Bank Indonesia reports significant growth in yuan-rupiah settlements with China, strengthening domestic FX stability.
- These changes align with broader BRICS trends as emerging economies pursue financial systems less tied to Western monetary dominance.
Key Developments
- Expansion of Local Currency Settlement
Indonesia’s new FX operations will allow businesses to settle trade directly in yuan, yen, or rupiah. The move reduces pressure on the US dollar and lowers costs associated with currency conversion.
- Yuan Transactions Surge
Bank Indonesia confirms that yuan-based cross-border transactions with China have been rising sharply, reaching approximately $1 billion per month in LCT value.
- New Payment Infrastructure
Indonesia and China are coordinating on new digital payment channels, including cross-border systems capable of settling in local currencies, improving liquidity and reducing transaction friction.
- Strengthened Bilateral Cooperation
A renewed yuan–rupiah swap agreement and expanded local-currency trade frameworks show Indonesia’s long-term commitment to diversifying away from the dollar.
- Integration with BRICS Strategy
The shift aligns Indonesia more closely with BRICS economic objectives, positioning the country as an active participant in emerging de-dollarization architecture.
Why It Matters
Indonesia’s push toward yuan-based trade is more than a monetary adjustment — it’s a structural pivot. By adopting local currency settlement systems and expanding swap lines, Indonesia is insulating its economy from dollar volatility and enhancing financial sovereignty. This transition not only reduces conversion costs but also strengthens regional financial connectivity.
Implications for the Global Reset
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- Pillar: Monetary Sovereignty
By expanding the use of local currencies, Indonesia reduces exposure to US financial policy and steps closer to a multi-polar reserve structure. - Pillar: Regional Financial Integration
Enhanced payment mechanisms and bilateral swap lines create wider alternatives to dollar-based settlement frameworks, supporting long-term BRICS strategy.
This is not just politics — it’s global finance restructuring before our eyes.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
- Bank Indonesia – “Indonesia-China Strengthen Financial Connectivity Through LCT and Cross-Border Payment Cooperation”
- Jakarta Globe – “Indonesia, China Ink Deals to Boost Local Currency Use and Expand Bilateral Cooperation”
- Watcher.Guru – “BRICS Country Turns to Chinese Yuan To Cut US Dollar Dependency”
- Kompas – “Strengthening the Use of Local Currency, Indonesia–China Cooperation Extended”
- The Jakarta Post – “Strengthening Sovereignty Through Local Currency Resilience”
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A Golden BRICS Renaissance: How 6,000+ Tonnes Are Rewriting Global Power
BRICS nations expand gold reserves and industrial capacity, reshaping monetary power and global economic architecture
Overview
- BRICS nations now hold more than 6,000 tonnes of gold, accounting for roughly 20% of global central bank reserves.
- Russia and China dominate the bloc’s stockpile, collectively controlling nearly three-quarters of total BRICS reserves.
- Central banks worldwide have been purchasing over 1,000 tonnes of gold annually for the past three years — the longest continuous accumulation streak in modern history.
- BRICS is pairing gold accumulation with a surge in industrial cooperation, including new multilateral development platforms and large-scale technology initiatives.
Key Developments
- Central Bank Strategy Shifts
Global sentiment among central bankers is shifting away from reliance on the U.S. dollar. A recent survey found that a majority expect the dollar’s global reserve share to decline over the next five years, while nearly half plan to increase gold holdings.
Economists point out that the trend reflects long-term concerns over currency stability rather than short-term price speculation.
- Gold Price Forecasts & Market Outlook
Major financial institutions are projecting a dramatic revaluation of gold in the coming years, with some forecasting prices reaching $6,000 per ounce by 2028. Expected rate-cutting cycles and reserve diversification efforts are cited as driving factors.
Discussions within the BRICS community continue to favor expanding use of national currencies for cross-border settlement rather than attempting to formally replace the dollar.
- BRICS Industrial Cooperation Surges Forward
BRICS nations recently launched a new multilateral platform for industrial development — a center designed to integrate industrial competencies, expand technology networks, and coordinate large-scale cooperation across member states.
This initiative was reinforced by ministerial-level agreements focusing on industrial modernization, technology partnerships, sustainable development, and support for small and medium-sized enterprises.
- Training & Talent Development Initiatives Expand
A growing number of BRICS-aligned programs now target skills development in green technologies, digitalization, and advanced manufacturing.
These programs draw participants from dozens of countries and serve as the backbone for expanding industrial capacity across the BRICS economic sphere.
Why It Matters
The BRICS gold build-up is only one part of a far broader transformation. These nations are building new financial foundations, parallel industrial systems, and alternative development pathways that operate outside of Western-dominated institutions.
This dual strategy — monetary reinforcement through gold and economic expansion through industrial partnerships — is rapidly shifting how global power is structured.
Implications for the Global Reset
- Pillar: Monetary Sovereignty
Gold accumulation strengthens long-term financial independence and reduces exposure to dollar-centric risk. - Pillar: Institutional Rebalancing
New BRICS industrial platforms represent a foundational shift toward self-directed development models that bypass traditional Western frameworks.
This is not just politics — it’s global finance restructuring before our eyes.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
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- UNIDO – “UNIDO Launches BRICS Centre for Industrial Competencies”
- BRICS – “BRICS Advances Sustainable Industrial Agenda with Focus on Technology and SMEs”
- China Daily – “Forum Fosters High-Quality Partnerships for New Industrialization”
- Watcher.Guru – “A New BRICS Era Rises on Gold Strength & Industry Surge”
- Reuters – “Central Banks Favour Gold Over Dollar for Reserves, WGC Survey Shows”
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Source: Dinar Recaps
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