Russia Eyes National Stablecoin After US Freezes Garantex-Linked Wallets
A senior Russian finance official has called for the development of a national stablecoin following the US government’s freeze of wallets linked to the sanctioned crypto exchange Garantex. The move, which also involved stablecoin issuer Tether, has sparked renewed concerns in Moscow over the vulnerability of relying on foreign-backed digital assets. The push for a … Read more