Russia Eyes Own Stablecoins After USDT Blockage
2025-04-17
bitcoin.com/wp-content/uploads/2025/04/ppdds-300x169.png 300w, https://static.news.bitcoin.com/wp-content/uploads/2025/04/ppdds-1024x576.png 1024w, https://static.news.bitcoin.com/wp-content/uploads/2025/04/ppdds-768x432.png 768w, https://static.news.bitcoin.com/wp-content/uploads/2025/04/ppdds-190x107.png 190w, https://static.news.bitcoin.com/wp-content/uploads/2025/04/ppdds-380x214.png 380w, https://static.news.bitcoin.com/wp-content/uploads/2025/04/ppdds-760x428.png 760w, https://static.news.bitcoin.com/wp-content/uploads/2025/04/ppdds.png 1280w" sizes="(max-width: 768px) 100vw, 768px" />A senior official from Russia’s Finance Ministry has suggested that the country should develop its own stablecoins pegged to various currencies following the recent blocking of USDT stablecoin wallets linked to Russia. Dollar-pegged stablecoins have gained popularity for facilitating fund transfers between cryptocurrencies and cash, especially as Western sanctions have complicated international payments for Russian […]