XRP In the Spotlight As BRICS Builds Infrastructure to Bypass SWIFT Crypto News

on July 2, 2026

A post is making the rounds on X, connecting Russian Foreign Minister Sergey Lavrov’s comments on de-dollarization to XRP.

The commentator behind the post is Stellar Rippler (@Stellar_Rippler), who tied a video of Lavrov to a broader thread about what he calls the BRICS de-dollarization agenda. The post presents a cluster of claims around this video, arguing they add up to a growing role for XRP in global trade settlement.

The Russian Minister’s Comments

In the video, Lavrov discusses BRICS financial infrastructure. He references a grain exchange, an investment platform, and a reinsurance entity under development. He says these tracks have been completely monopolized by Western institutions.

Lavrov states that BRICS nations are building infrastructure not prone to arbitrary behavior and settling trade in national currencies instead of dollars or euros.

He adds that India’s development plans for 2027 should include this kind of safety net. His reasoning is that any country could fall out of favor with Western institutions at any time. He points to Eurasian nations, including Persian Gulf states, as the primary stakeholders in this shift. Lavrov’s remarks don’t name XRP, Ripple, or any specific digital asset, but Stellar Rippler makes that point.

Key Developments Driving Optimism

Stellar Rippler references recent reports that Japan and India have confirmed a digital asset alliance designed to bypass SWIFT and reduce dollar dependence. He claims India is leading a BRICS-Pay Initiative and states that India confirmed at the Indian Fintech Festival that it’s working with Ripple on cross-border payments.
Separately, Stellar Rippler claims Russia’s Foreign Ministry has disclosed a need for a neutral cross-border settlement system, one that is not a stablecoin and not controlled by any single party. Notably, Russia recently listed XRP on the Moscow Exchange under the MOEXXRP ticker.

He further claims that Russia, the UAE, and India settled the world’s first off-petroleum grid oil transaction in 2025, using local currencies and Ripple’s network for settlement.

The Case for XRP as a Bridge Asset

Taken together, Stellar Rippler claims this cluster of developments confirms XRP as what he calls a new global neutral asset, bridging every currency.

His argument rests on layering the Lavrov video, which discusses de-dollarization in general terms, on top of the data he presented about Ripple’s specific involvement in Russian, Indian, and Emirati trade settlement.

He presents Lavrov’s comments as institutional validation for the broader thesis. XRP fits the bill for what BRICS wants, and Stellar Rippler suggests that the asset could serve in that role.

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