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Wire · operational-macro

BRICS Weighs Linking CBDCs, Fast Payment Systems Like UPI: RBI Guv Malhotra

Published

11 August 2026

Topic

operational-macro

Sectors

Fintech

Geography

BRICS

Source

Read at outlookbusiness.com

Verified

Fusion42 · 23 August 2026 · Fusion42 review

BRICS countries are exploring the interlinking of their central bank digital currencies (CBDCs) and fast payment systems such as India's UPI, aiming to facilitate seamless cross-border payments among member nations.

This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it between 11 Aug 2026 and 12 Aug 2026.

◆ The Wire takeaway

You need to prepare for new cross-border payment rails emerging that could bypass traditional systems like SWIFT. This creates a fresh runway for fintechs to build on regional digital currency links and tap new international payment flows.

Coverage

2 sources · first reported 11 Aug 2026 · latest 12 Aug 2026

Related on Wire

Topics

Fintechbricscbdccross-border-paymentsupifast-payments