Russia and Iran are negotiating the creation of a Russian-Iranian stablecoin

The Russian-Iranian stablecoin will be used as a means of payment in foreign policy settlements. We are talking about a digital token that will be backed by gold. This was stated by the Executive Director of the Russian Association of the Cryptoindustry and Blockchain Alexander Brazhnikov in an interview with RBC-Crypto.

Russia and Iran are negotiating the creation of a Russian-Iranian stablecoin
Source: wto.ru

Already this year, a Russian-Iranian stablecoin will appear if the necessary legislative acts are adopted. The project can be launched within 6 months.

This cryptocurrency will be backed by gold. Negotiations are already underway between Russia and Iran in this area of work.

The executive director of RAKIB says that proposals have already been made to amend the law on CFA. But so far, the law on cross-border payments and the experimental economic regime have not yet been finalized.

Due to censorship and blocking of all media and alternative views, stay tuned to our Telegram channel