Stablecoins As A New Frontier: Russia Seeks Alternatives For Cross-Border Payment System

Stablecoins continue to witness notable adoption as the world’s largest country Russia is investigating the use of stablecoins for international payments in light of the growing financial strain imposed on it by international sanctions and economic difficulties. The move attempts to circumvent traditional financial channels, underscoring Russia’s strategic transition towards digital assets as... source: https://bitcoinist.com/russia-seeks-stablecoins-for-cross-border-payment/