Russian Finance Ministry official says national stablecoin should be launched to adapt to global payment changes

Planet Daily News: Ivan Chebeskov, head of the digital financial assets department at the Russian Ministry of Finance, stated that Russia should launch its own stablecoin to adapt to the evolving global payment system trends. He pointed out that the current global payment system is undergoing fundamental changes, with multiple countries developing their national digital currencies, and Russia should not be absent. He also emphasized that stablecoins can play a crucial role in international settlements, especially in the context of limited existing payment channels. Previously, the Russian Central Bank has begun testing the digital ruble. (Reuters)