Svmuu News: The Governor of the Central Bank of Russia stated at the Financial Congress that the Central Bank is considering the use of stablecoins in cross-border settlements, but only as a supplement to the digital ruble. The Central Bank of Russia has expressed concerns about the use of stablecoins in domestic settlements.
Currently, the Central Bank of Russia is discussing the launch of a state-controlled stablecoin pegged to the ruble and analyzing the feasibility of combining such instruments with the central bank’s digital currency in cross-border transactions. Additionally, the Central Bank of Russia proposed regulatory rules for stablecoins last week, with the core principle being that all transactions must be conducted under state control. (bits.media)