Russia to legalize stablecoins for international transactions

Russia is considering legalizing stablecoins for international transactions to simplify cross-border payments for its companies. The Russian Central Bank is discussing proposals to allow stablecoins pegged to gold or the US dollar. Reportedly, this could become a permanent regulation instead of a temporary experiment. Business representatives see this initiative as promising, especially for... source: https://www.cryptopolitan.com/russia-stablecoins-intl-transactions/