At the Eastern Economic Forum in Vladivostok on September 7, Alexander Shokhin, President of the Russian Union of Industrialists and Entrepreneurs (RSPP), made a compelling case for the use of cryptocurrencies and stablecoins in international trade.
Read MoreIn a move seen as a potential response to Western sanctions, Russia is reportedly considering legalizing the use of stablecoins for international transactions. Stablecoins are cryptocurrencies pegged to a stable asset, like the US dollar or gold, aiming to minimize price fluctuations.
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