Abstract. In the context of the expansion of the practice of sanctions restrictions and increasing geopolitical instability, there is an active search for new forms of international economic interaction, alternative to those that developed in the era
of unipolar globalization at the turn of the 20th and 21st centuries. Cooperation
among the BRICS countries is one of the key platforms for the emerging polycent_
ric world order and the basis for a new, more democratic, model of globalization.
The diverse interactions of the BRICS countries also include the search for a new
system of financial and economic settlements. Digitalization has made the transi_
tion to electronic means of international settlements inevitable, both bilaterally and
multilaterally. This ar ticle attempts to reveal the prospects for the development of
the digital settlements sector in relations between the BRICS countries based on
the formation of institutions of regulated national digital currencies—Central Bank
Digital Currencies.
Key words: Central Bank Digital Currencies,BRICS,New Development Bank,In>
ternational Monetary Fund, Bank for International Settlements, f inancial sovereignty,
polycentric model of globalization.