CryptoNews.com.au
Following the freezing of Russia-linked wallets holding USDT, the country’s Finance Ministry is now calling for homegrown stablecoin solutions pegged to alternative currencies, while officials warn that relying on tokens like USDT could harm Russia’s financial sovereignty. According to a state media report, Osman Kabaloev, deputy head of the ministry’s financial policy department…
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Ditch the Dollar: Russian Official Backs Local Stablecoin Development
Following the freezing of Russia-linked wallets holding USDT, the country’s Finance Ministry is now calling for homegrown stablecoin solutions pegged to alternative currencies, while officials warn that relying on tokens like USDT could harm Russia’s financial sovereignty. According to a state media report, Osman Kabaloev, deputy head of the ministry’s financial policy department…