Russia was dropped from SWIFT (for all but a few types of transactions), so Russia has to proceed with another solution that works cross-border. As described in the link in the newsletter that leads to RT, the currency basket for the BRICS countries is one part, and the payment network that uses that currency basket is another part. Until that exists, we'll see more activity like what India resorted to to pay Russia for oil, by buying UAE dirham and paying Russia with that.

So whether this currency is based on gold, a basket of national currencies, or some other combination, or digital unit even -- it's clear dollar hegemony is ending.