Russian Digital Ruble: A Transformative Monetary Reform
Finance Minister Anton Siluanov outlined plans to use the digital ruble for "social payments" and "subsidies."

Finance Minister Anton Siluanov outlined plans to use the digital ruble for "social payments" and "subsidies."
Tether, the world's leading stablecoin issuer, is undergoing a leadership shift, with Paolo Ardoino set to become the CEO in December 2023.
The primary function of the Frax Protocol is to maintain the FRAX price at $1.000 by using AMO contracts, real-world assets (RWAs), and governance actions facilitated by frxGov, leveraging USD oracles as a reference.
The State Duma, Russia's lower chamber of parliament, has successfully passed a bill related to the country's central bank digital currency (CBDC), known as the digital ruble.
The Bank of Russia’s digital ruble pilot was originally scheduled to start on April 1.
A new breed of app-specific stablecoins could be just what DeFi needs.
The main idea is in LLAMMA: replacing liquidations with a special-purpose AMM.
The head of the Bank of Russia, Elvira Nabiullina, said that many banks are already participating in the experiment with the digital ruble.
Although USDC is the second largest Stablecoin, it is the most used on-chain Stablecoin in the Crypto space.