Articles

DIGITAL EQUIVALENTS IN BRICS SETTLEMENTS AND EXTERNAL CLEARING MODEL BASED ON RUBIT

Received: 15.04.2026 Published: 15.04.2026

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Abstract

The article explores the possibility of using digital equivalents of national currencies in settlements between the BRICS countries as an alternative of direct de-dollarization through creation of unified common currency. It is shown that attempts to replace dollar with new supranational unit do not eliminate the structural problems of dependence on unified emission center and infrastructure. A different approach is proposed, in which each country retains monetary sovereignty, and settlement is carried out through online digital equivalents dnominated in national currencies and backed by their reserves. The analysis focuses on the RUBIT model, implemented on the basis of RUBIT International Consumer Cooperative and COMECON-СE system as a digital heir of the principles of transferable ruble. The article compares the suggested model with historical and modern examples of multilateral clearing, such as Asian Clearing Union and mBridge project, and with current discussions about BRICS collective currency and Euro-Asian integration line. It is concluded that digital equivalents in the format of cooperative settlement systems can become practical tool for reducing dollar dependence and developing fair energy and trade accounting between the participants, without destroying the basic mechanisms of the existing global financial system.

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How to cite

Для цитирования:

Мариничев Д.Н. ЦИФРОВЫЕ ЭКВИВАЛЕНТЫ В РАСЧЁТАХ БРИКС И МОДЕЛЬ ВНЕШНЕГО КЛИРИНГА НА БАЗЕ RUBIT // Экономическая среда. 2026. Т. 15, № 2. С. 135–142.

For citation:

Мариничев Д.Н. DIGITAL EQUIVALENTS IN BRICS SETTLEMENTS AND EXTERNAL CLEARING MODEL BASED ON RUBIT // Economic Environment. 2026. Vol. 15, no. 2. P. 135–142.

How to Cite

Мариничев Д.Н. DIGITAL EQUIVALENTS IN BRICS SETTLEMENTS AND EXTERNAL CLEARING MODEL BASED ON RUBIT // Economic Environment. 2026. Vol. 15, no. 2. P. 135–142.

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