Russia to Develop Own Stablecoins?

In the midst of financial turbulence spurred by the U.S. clamping down on Russian-linked exchanges, an official from Russia’s Finance Ministry has proposed creating a national stablecoin. With @Garantex's wallets tangled in a web of sanctions and @Tether_news freezing funds, Moscow considers its financial sovereignty. Stablecoins, perceived as a bulwark against such global financial piracy, might soon find a Kremlin-crafted counterpart. Russia's quest for financial independence ignites under the sentencing gaze of global economic watchdogs. A poignant reminder: nothing sways like a frozen wallet in the battle for fiscal freedom.