#RussiaStudiesNationalStablecoin
Russia is considering a new approach in the face of the challenges created by sanctions. The Central Bank has begun to seriously consider the idea of issuing a national stablecoin pegged to the ruble. Previously hesitant about such private stablecoins, Russia has now decided to explore its own state-backed version. A detailed review will be conducted in 2026. The aim is to reduce dependence on the dollar in international payments and to ensure faster and more secure trade. Currently, a digital ruble project already exists in Russia and is gradually becoming more widespread. However, this new stablecoin idea may differ; perhaps a more flexible structure could be considered by working together with the private sector. Officials say, "The world is changing, and we must increase our options." There is no final decision yet; only the research phase has begun. We will follow developments.
Russia is considering a new approach in the face of the challenges created by sanctions. The Central Bank has begun to seriously consider the idea of issuing a national stablecoin pegged to the ruble. Previously hesitant about such private stablecoins, Russia has now decided to explore its own state-backed version. A detailed review will be conducted in 2026. The aim is to reduce dependence on the dollar in international payments and to ensure faster and more secure trade. Currently, a digital ruble project already exists in Russia and is gradually becoming more widespread. However, this new stablecoin idea may differ; perhaps a more flexible structure could be considered by working together with the private sector. Officials say, "The world is changing, and we must increase our options." There is no final decision yet; only the research phase has begun. We will follow developments.
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