Russia is reportedly talking to several friendly countries about launching clearing platforms for cross-border settlements in stablecoins. By NelWang
Tass quoted Russia’s Deputy Finance Minister Alexey Moiseyev as saying, “We are currently working with a number of countries to create bilateral platforms in order not to use dollars and euros. We offer mutually acceptable tokenized instruments that will be used on these platforms, which are essentially clearing platforms that we are currently developing with these countries.
But the Finance Ministry and the Bank of Russia agreed that in the current environment, where Russia has been sanctioned because of its invasion of Ukraine,"it is impossible to do without cross-border settlements in cryptocurrency,” Tass quoted the organizations as saying.
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