Listed on Azbit.com Exchange April 3rd,2023 and on Coinsbit May 1st 2023
Investment / Strategic Partners
Introducing BRICST
BRICSTether Ticker Code is BRICST
BRICST trading pairs including BTC,USDT and Ethereum
BricsTether: The Future of Decentralized Stablecoin Is Here
ByHT Brand Studio BricsTether, a new blockchain-based platform, announced today the launch of its revolutionary decentralized stablecoin. BricsTether offers a digital currency that is backed by a basket of assets, providing greater stability and predictability than traditional cryptocurrencies. BricsTether’s innovative platform offers a new level of transparency, security, and accessibility to the world of cryptocurrency. Its stablecoin is pegged to a basket of global currencies and commodities, making it less volatile than other cryptocurrencies. This feature makes it an ideal choice for businesses and individuals who require a stable digital currency for transactions. “We are excited to launch BricsTether, a
BricsTether: The Future of Decentralized Stablecoin Is Here
ByHT Brand Studio BricsTether, a new blockchain-based platform, announced today the launch of its revolutionary decentralized stablecoin. BricsTether offers a digital currency that is backed by a basket of assets, providing greater stability and predictability than traditional cryptocurrencies. BricsTether’s innovative platform offers a new level of transparency, security, and accessibility to the world of cryptocurrency. Its stablecoin is pegged to a basket of global currencies and commodities, making it less volatile than other cryptocurrencies. This feature makes it an ideal choice for businesses and individuals who require a stable digital currency for transactions. “We are excited to launch BricsTether, a
For those wanting to access BRICSTether by way of bank transfer, you can buy crypto on any exchange and transfer to Azbit.com and purchase BRICST or you can make a donation to BRICS Foundation at bricsf.com and they’ll match your donation 1 for 1 with BRICSTether
They also offer guarantee buyback at the pegged price of 7 Chinese Yuan, however exchanges also provide the opportunity to sell at or close to the pegg price of 7 Chinese Yuan ( currently $1.02USD)
You may find our Tokens’ Etherscan Contract address using this link: https://etherscan.io/token/0x8b4b1545a0b68d9af148e4bcc99a89ca3662d60d
In order for you to check your BRICST Asset please do follow the following instructions:
You’ll need to install Metamask as your crypto wallet. Metamask is one of the most used crypto wallets that is free to use and can be easily access through different platforms.
If you’re on Desktop, you may install the metamask app via the Google Chrome Extension.
If you’re on Mobile or Tablet, you may install metamask app via Google Play Store or the App Store.
1. Once you have installed your Metamask App, create an account and login.
2. Import BRICST token by clicking assets and import tokens.
3. On the Import Token interface, click Custom tokens.
4. Paste the address at the bottom of this instruction to the Token Contract Address.
5. Press Add custom token and you’ll now see your BRICST Token asset on your Metamask Wallet.
0x8b4b1545a0b68d9af148e4bcc99a89ca3662d60d
Welcome to BRICST, a new stablecoin that is pegged to the currencies of the BRICS Plus nations. Our goal is to provide a stable, secure, and accessible digital currency that can be used worldwide for payments, investments, and savings. With BRICST, you can enjoy the benefits of cryptocurrency without the volatility and uncertainty that often come with other digital assets.
BRICST is a cryptocurrency that aims to provide a stable and secure platform for transactions and investments in the BRICS region and beyond. BRICST is designed to solve the problems of volatility and instability that have plagued the cryptocurrency market since its inception.
1 BRICST = 7 Chinese Yuan.
BRICSTether is a new stablecoin to launch shortly, which is planned to eventually be weighted to a basic of BRIC Nations currencies, but initially 1 BRICST will be pegged to 7 Chinese Yuan. It will be asset backed in fiat,crypto,bonds,gold,silver and real estate.
It couldn’t launch soon enough for some, especially Russians and other nations being sanctioned or losing faith in the USD. Binance recently announced its no longer going to allow Russians to buy USDT, so BRICST is expected to fill the gap for Russians, but also many BRICSPlus nations, not to mention many that are concerned re the fall of the USD. As the world shifts away from the Us dominated unipolar world, a multipolar world will see a search for alternative currencies for settling international trades. It’s expected many non Western countries will seek to utilise BRICST to support its growth to ensure alternative cross border settlements can occur inexpensively, outside the USD
BRICST will list on a small number of exchanges to start with and expand as its ramps up its operations.
BRICSTXchange also is set to launch to be one of the main exchanges to handle BRICS transactions.
Media Articles
BRICSTether Custodian, agrees to buy back any BRICSTether at 100% of its pegged price of 7 Chinese Yuan (approximately $1 USD currently)
It lists shortly on Azbit.com Exchange before launching on further exchanges afterwards, and you can purchase with crypto on Azbit.It’s paired with Bitcoin BTC.
You can also access BRICSTether by making a donation to the BRICS Foundation and they will issue you free BRICST equivalent to your donation .
You can use bank transfer or crypto for donation and soon credit card
The BRICS plus nations have spoken about creating an alternative currency to settle trades and escape sanctions imposed by the West for sometime.BRICSTether has been set up to be an alternative, using a 100% asset backed stable coin. It would mean companies and entire countries could utilise BRICSTether with low cost and almost instant payments. BRICSTether is doing a low key listing on a mid tier exchange, Azbits on March 31st,2023, to test systems before expanding volumes and the number of exchanges that are waiting to list it on. USDT has grown to be worth $74 billion despite it being potentially only 66% asset backed and reluctant to provide audits. BRICSTether is 100% asset backed and will provide quarterly audited updates of its asset allocation and position. To reduce risk that banks are facing, that saw SVB collapse recently,and USDC lose its peg briefly, as it lost $3billion in the SVB collapse, it will hold Gold,Silver,Cash,Crypto,Real Estate ,some stocks and bonds.
It will be pegged to 7 Chinese Yuan ( approximately $1USD currently )
Many investors and savers are panicking about holding all their cash in banks ( especially as banks have often only 6% or less or the assets available from fractional reserve banking) and are shifting to Gold and Crypto. Stablecoins that are asset backed are typical safer cryptocurrencies . BRICSTether is also offer 5% pa for anyone staking for 90 days or more and 10% if staked for 12 months or more , according to its website BRICSTether.com
BRICST offers many benefits to users, including -
Security.
BRICST transactions are secured by blockchain technology, which makes them virtually tamper-proof and resistant to fraud.
Accessibility.
Anyone with an internet connection can use BRICST, regardless of their location or financial status.
Privacy
BRICST transactions are anonymous and do not require users to disclose personal information, making them a preferred choice for those who value privacy.
Experienced Team
Our team of experts has years of experience blockchain technology and marketing.
With our innovative staking program, you can earn interest on your coins simply by holding them. That’s right, you can earn up to 5% interest for staking your coins for just 90 days or earn a whopping 10% for 12 months! And this is just the beginning – we’re always looking for ways to reward our loyal holders and provide even more benefits.
We are pleased to announce that Azbit will add support for BRICS Tether (BRICST), a stablecoin pegged to the Chinese Yuan and designed to be an alternative to the USD and the USDT.
Deposits, trading and withdrawals will open at 6 PM (UTC) April 3, 2023.
Trading pair: BRICST/USDT, BRICST/ETH, BRICST/BTC.
📍”Our goal is to provide a stable, secure, and accessible digital currency that can be used worldwide for payments, investments, and savings. BRICST is designed to solve the problems of volatility and instability that have plagued the cryptocurrency market since its inception,” the team stated.
The stablecoin is pegged to the Chinese Yuan (1 BRICST = 7 Chinese Yuan) and offers 10% per annum. BRICS Tether is planned to eventually be backed by fiat, crypto, bonds, gold, silver and real estate.
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Bali May Sanction Tourists Who Use Crypto for Payments
Bali May Sanction Tourists Who Use Crypto for Payments By Gabriel Budi Sutrisno The Balinese administration has threatened to impose strict sanctions on foreign tourists,
Venezuelan President Nicolas Maduro Announced His Country’s Desire to Join the BRICS
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With Over $1 Trillion Withdrawn From Failing US Banks in Recent Months, is BRICST the New Digital Currency a Genuine Alternative to the USD and USDT
With Over $1 Trillion Withdrawn From Failing US Banks in Recent Months, is BRICST the New Digital Currency a Genuine Alternative to the USD and
Biden and His Globalist Masters Want to Kill Crypto But Can’t- they’ll Simply Kill the US Crypto Industry Instead
Biden and His Globalist Masters Want to Kill Crypto But Can’t- they’ll Simply Kill the US Crypto Industry Instead Presidential nominee, Ron De Santis, has
BRICS Nations Discuss Shared Crypto to Break Away From USD and SWIFT – Part 2
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FAQ
Most frequent questions and answers.
Yes, it is.
Yes, BRICST is a legal cryptocurrency that operates under the laws of the countries where it is used.
The minimum investment in BRICST depends on the exchange or platform where you purchase it. Typically, there is no minimum investment.
The value of the BRICST currency is fixed to the value of 7 Chinese Yuan, approximately $1 USD as of early 2023. The stable coin is 100% asset backed and provision of quarterly audits of its asset portfolio mix is made public.
Yes, you can convert BRICST to any fiat currency through an exchange that supports BRICST.
Initially, to the Chinese Yuan.1 BRICST will be pegged at 7 Yuan.
That’s approximately $ 1 USD as of early 2023.
It will largely be an asset backed by the fiat currency of BRICS nations, primarily the Chinese Yuan. Additionally, it will hold smaller amounts of the top 5 major fiat currencies, including the Euro and some US dollars.
Furthermore, it will also hold a proportion of other cryptocurrencies, mainly the top 10, as well as gold, silver, and other commodities. It will also include a proportion of real estate assets and an allocation for selected investments in BRICSPlus nations.
It is similar in many ways; however, many wish to reduce their exposure & risk from the inflated USD and also realize the BRICS nations are growing and will become a dominant force in a new multipolar world. Especially as Globalisation & centralization is now in reverse since interrupted supply chains during the Covid pandemic.
Also, BRICST will be far more transparent. It will provide quarterly asset allocation updates.
Yes, accounting firms will audit the asset holdings & BRICST will provide quarterly updates of its assets and allocation split.
Yes, you can. Currently, 5% if staked for 90 days or longer and 10% if staked for 12 months or longer
All cryptocurrencies carry risk; however, a stablecoin, especially one largely fiat-backed, is perhaps the safest of all cryptos.
You can buy and sell it off any exchange it will be listed on. Initially, it’s listed on BRICSTX, but other exchanges are patiently waiting to also list it.
Depending on the exchanges – some you can, some only with crypto or USDT
However, you can use bank transfers from most major currencies to purchase it via BRICSTX.
No, it’s not a Government Digital Currency.
We find most crypto users aren’t fond of Government-backed cryptocurrencies or CBDCs planned by Central Banks.
However, the BRICST is establishing an advisory committee where each BRICS plus nation,& other selected countries will be allocated a representative seat to advise on their needs and opportunities for BRICST to be a more suitable reserve currency for settlement of trades, commerce, or holding of funds as an alternative to the USD or US banks. These banks often carry the risk of sanctions or freezing of funds of nations who refuse to abide by a unipolar world Western dominant ideology.
Many nations & companies & individuals are supportive of having other reserve currencies to the USD,& other ways to make payments for trade, or otherwise, outside of the USD.