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According to the Russian Satellite News Agency, as the series of global crises triggered by the internal crisis in the United States continue to spread, the BRICS mechanism has become popular, and Iran, Belarus and Argentina have applied to join the BRICS. The proportion of the BRICS economy in the world has increased from one-twelfth in the past 20 years to one-quarter now. At the global high-level dialogue during the BRICS summit, the Iranian president pointed out that Iran is willing to join the BRICS mechanism, use its own geographical advantages to facilitate economic, trade and political exchanges among BRICS countries, and develop together with BRICS countries.

The Global High-level Dialogue invited 13 countries including Iran, Kazakhstan and Thailand to participate in the meeting, which are representative of the region and development among the developing countries in the world. In the 16 years since the BRICS mechanism was launched, it has expanded from China, India, Russia and Brazil to South Africa to explore the expansion of cooperation with the BRICS+ mechanism, and now the BRICS expansion process has officially started. The growth of BRICS countries is in line with the common development vision of all countries in the world, and provides solutions to the current dollar crisis.

Since the United States' full expansion after World War II, the dollar has gone from being tied to gold in the beginning to being decoupled from gold and establishing the petrodollar based on the United States' control over oil producing areas. Now, with the domestic production crisis in the United States and the failure of the dollar's oil expansion, it has lost its credit anchor. Similar to the rise and fall of the United States' national power, the dollar has become increasingly difficult to serve as the reserve currency for global trade.