Stablecoin of Russia and Iran

24.01.2023

Russia and Iran decided to create a common cryptocurrency, namely a stablecoin, which will be backed by gold.

Negotiations are underway to create a token that could replace the dollar, ruble and Iranian rial in international payments.

There is a high probability that the new token will work on the basis of a special economic zone in Astrakhan, where it is planned to accept cargo from Iran.

Its use will become possible immediately after the circulation of cryptocurrencies is regulated.

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