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Russia Set To Ditch USDT for Its Own Stablecoin

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A Russian official presenting a Russian Stablecoin with R written on it.

The Russian Ministry of Finance is exploring the possibility of developing its own stablecoin. This comes after recent U.S. sanctions and actions by Tether, which blocked wallets linked to the Garantex exchange. This initiative primarily aims to avoid dependency risks associated with foreign stablecoins, such as USDT.

L’article Russia Set To Ditch USDT for Its Own Stablecoin est apparu en premier sur Cointribune.

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