Russian Finance Ministry Official Suggests Country Should Create Its Own Stablecoin
2025-04-18
crypto-news-flash.com/wp-content/uploads/2022/02/bitcoin-new-virtual-money-and-russia-flag-conceptual-image-for-investors-stockpack-deposit-photos-scaled-1.jpg 2048w, https://www.crypto-news-flash.com/wp-content/uploads/2022/02/bitcoin-new-virtual-money-and-russia-flag-conceptual-image-for-investors-stockpack-deposit-photos-scaled-1-300x200.jpg 300w, https://www.crypto-news-flash.com/wp-content/uploads/2022/02/bitcoin-new-virtual-money-and-russia-flag-conceptual-image-for-investors-stockpack-deposit-photos-scaled-1-1200x800.jpg 1200w, https://www.crypto-news-flash.com/wp-content/uploads/2022/02/bitcoin-new-virtual-money-and-russia-flag-conceptual-image-for-investors-stockpack-deposit-photos-scaled-1-768x512.jpg 768w, https://www.crypto-news-flash.com/wp-content/uploads/2022/02/bitcoin-new-virtual-money-and-russia-flag-conceptual-image-for-investors-stockpack-deposit-photos-scaled-1-1536x1024.jpg 1536w, https://www.crypto-news-flash.com/wp-content/uploads/2022/02/bitcoin-new-virtual-money-and-russia-flag-conceptual-image-for-investors-stockpack-deposit-photos-scaled-1-150x100.jpg 150w, https://www.crypto-news-flash.com/wp-content/uploads/2022/02/bitcoin-new-virtual-money-and-russia-flag-conceptual-image-for-investors-stockpack-deposit-photos-scaled-1-450x300.jpg 450w" sizes="(max-width: 2048px) 100vw, 2048px" />The deputy head of the Financial Policy Department has confirmed that Russian officials are considering creating a national stablecoin similar to USDT. This comes after Tether froze more than $30 million in USDT associated with Garantex, halting its operations and exposing Russia’s reliance on foreign-controlled stablecoins. In a bid to increase its financial sovereignty, Russia’s [...]