May 29, 2025

Russia Considers Developing Ruble-Backed Stablecoin Amid Tether Wallet Freezes and US Dollar Dependence

1 min read

A significant shift towards stablecoins is being considered in Russia following Tether’s decision to freeze wallets associated with Russian users. This development reflects Russia’s ambition to mitigate its reliance on

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Source: CoinOtag

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