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The finance ministry in Moscow is now considering the creation of a Russian cryptocurrency similar to the U.S. dollar-pegged ...
The ruble has appreciated 38% against the US dollar, the most of any currency.
Russia pushes for a ruble-pegged stablecoin after USDT freeze, aiming to reduce reliance on the US dollar in crypto trade.
Russia considers launching its own stablecoins after Tether blocks $30M in USDT linked to Russian wallets amid EU sanctions.
Russia’s ruble posted this year’s strongest gains against the dollar to outpace even the traditional safe haven of gold ...
Following Tether freezing $30 million in USDT on wallets linked to Russia, Russia's Finance Ministry is exploring domestic ownership of stablecoins pegged to foreign fiat currencies, according to ...