Russia May Adopt Stablecoins for Global Settlements

Russian authorities may approve the use of stablecoins in cross-border settlements, local media outlet Izvestia reported. Legalizing stablecoins for international settlements could simplify transactions with BRICS partners and reduce the impact of sanctions. Russia to Authorize the Use of Stablecoins Since February 2022, Russian businesses have faced significant payment... source: https://beincrypto.com/russia-to-adopt-stablecoins-for-global-transactions/