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Friday, 07/05/2024 5:33:15 PM

Friday, July 05, 2024 5:33:15 PM

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Russia in the Process of Regulating the Use of Stablecoins for Cross-Border Settlements
https://news.bitcoin.com/russia-in-the-process-of-regulating-the-use-of-stablecoins-for-cross-border-settlements/

"...Different Russian personalities have declared in favor of using stablecoins, tokens pegged to the value of other assets or fiat currencies (mostly the U.S. dollar), for cross-border settlements due to their versatility and lack of volatility at the time of making payments. Alexander Murychev, executive vice president of the Russian Union of Industrialists and Entrepreneurs, stated these were “very promising” in this regard..."

interesting...
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