Russia Turns to Stablecoins Amid Sanctions and BRICS Collaboration Challenges

Russia’s shift towards stablecoins signals a dramatic policy transformation amidst its BRICS chairmanship. The BRICS alliance had previously considered a digital currency system, yet geopolitical tensions have complicated these plans. Sanctions against Russia have intensified the need for alternative financial mechanisms, including stablecoins, to facilitate international trade. Understanding Russia’s Adoption of Stablecoins Amid Sanctions and

Source: CoinOtag