/crypto
Vantozik
·
2 years ago
Strange duo: Iran and Russia are preparing a common stablecoin
The proposal came from Iran: to create a "Persian region token" for foreign trade in isolation from the ruble, Iranian rial and dollar.
It is supposed to maintain its price on gold, its implementation is seen as a more rational and simple solution than actions within the SWIFT banking system.
In general, the idea received a positive response from the Russian Federation. However, as the representatives of Russia put it in this issue, before the introduction of a stablecoin, it is necessary to resolve organizational issues (for example, the choice of an intermediary for the exchange between fiat and a stablecoin), as well as to prepare a base for regulating cryptocurrencies in the country.
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