PBOC Deputy Governor Tao Ling Attends BRICS Finance Ministers and Central Bank Governors Meeting

The BRICS finance track is quietly becoming a venue where payment infrastructure and reserve-pool mechanics get negotiated, not just communiqued. For crypto and RWA markets, the relevant signal is the recurring presence of cross-border payments and fintech on the agenda alongside the Contingent Reserve Arrangement — the same intersection where tokenized settlement and alternative rails are being explored. Whether these discussions translate into concrete bilateral or bloc-level infrastructure is the open question; for now, the joint statement is process, not product.