Will the new BRICS+ gold-backed currency spark a global currency reset (GCR) and revaluation (RV) of currencies? Here’s its revolutionary design and purpose.
In This Article
- Introduction to the new gold-backed UNT
- Monetary Framework: A basket of currencies and gold
- Stability and Resilience
- Blockchain Integration and Future Developments
The pending release of the UNT, a new gold-backed BRICS+ currency, promises to transform the global fiat currency system dramatically.
The UNT aims to provide a stable and resilient global currency alternative, free from political influence, ensuring long-term purchasing power stability.
The UNT is not a cryptocurrency, Central Bank Digital Currency (CBDC), or a stablecoin.
The UNT is backed by a basket of underlying assets, including gold, making it a unique and trustworthy currency system alternative that will shake today’s fiat currency financial landscape to it’s core.
Introduction to the new gold-backed UNT
The UNT, proposed with the ISO global currency code, is designed to be an apolitical currency, free from political interference, ensuring its neutrality in international trade and reserves.
Unlike traditional fiat currencies influenced by political and economic conditions, the UNT offers a more stable option. It will be exchangeable into and out of fiat currencies like the US Dollar, Euro, and more, facilitating a level playing field for international trade and transactions that will foster global economic stability.
The creation of the UNT addresses the need for a stable, resilient currency amidst the flaws of the post-Bretton-Woods financial system.
This new currency is expected to initiate a global currency revaluation (RV), significantly impacting exchange rates, especially against pure fiat currencies.
The gold-backed component of the UNT ensures strong purchasing power, making it a robust alternative to existing fiat currencies.
Also Read: Checkmate (Part 1) – How the BRICS Gold Currency will Force USA/Europe to an RV/GCR
Monetary Framework: A basket of currencies and gold
The UNT ecosystem operates on a fractal monetary framework, where each UNT token is backed by a basket of underlying assets, including a significant portion in gold (40%).
This structure promotes stability and reduces the reliance on any single national currency. By diversifying its asset base, the UNT aims to offer a more balanced and resilient global monetary system.
This framework allows for a new financial system that will operate independently of national currencies.
The UNT is not a cryptocurrency or a stablecoin. Instead, its value is linked to a basket of assets, and its market value will be influenced by supply and demand over time. This unique characteristic sets the UNT apart from other digital and fiat currencies.
Stability and Resilience
Designed to be more stable and resilient than national currencies, the UNT’s value will be less volatile than the components of its reserve basket. This stability is crucial for maintaining long-term purchasing power and trust in the currency.
The UNT provides a hedge against the volatility and political influences that affect fiat currencies.
The introduction of the UNT will create a significant revaluation of exchange rates (RV), especially against fiat currencies. This revaluation will lead to a global currency reset (GCR) for BRICS+ member nations adopting the UNT in global trade.
The UNT’s strong purchasing power will provide economic sovereignty and stability, making it a preferred currency for international transactions and reserves.
Blockchain Integration and Decentralized Autonomous Organization (DAO)
The UNT ecosystem leverages blockchain technology for node synchronization, reducing the costs and risks associated with rebalancing gold holdings.
This integration ensures that UNT tokens are free from capital controls and price manipulation, providing a secure and transparent system for international trade and finance.
The UNT is managed by a Decentralized Autonomous Organization (DAO), which operates without central authority, ensuring democratic governance and transparency.
A DAO is an organization represented by rules encoded as a computer program, controlled by organization members, and not influenced by a central government.
This decentralized governance model ensures that the UNT remains apolitical and transparent, adhering to the governance rules without constant issuer coordination.
Future Developments
The UNT ecosystem plans to include mercantile and capital stock exchanges, with commodities and financial instruments priced in UNT tokens.
These developments will enhance the UNT’s role as a stable store of value, investment, and reserve currency. The UNT payment protocol will support secure transactions, adhering to the governance rule-book, making it a reliable currency for international trade and cross-border payments.
The implementation of the UNT into the existing financial infrastructure will support essential financial functions such as electronic payments, trade finance, and credit origination.
This seamless integration will address trust issues in the global financial system and protect participants’ financial sovereignty from political interference.
The Bottom Line
The introduction of the UNT represents a significant shift in the global currency landscape.
By offering a gold-backed, politically neutral currency, the UNT aims to provide stability and resilience in international trade and finance.
As the UNT ecosystem continues to develop, it promises to bring about a major currency revaluation and a global currency reset, positively impacting economies worldwide.
Stay tuned for future parts of this Ultimate Guide to the BRICS UNT Currency, where we will dig much deeper into its various aspects and global financial implications.
Also Read: Zimbabwe’s Golden History, BRICS, and A New Gold-Backed Currency
Supporting article: https://investingnews.com/brics-currency/
