Russian Finance Ministry officials say they should launch their own stablecoin to adapt to global payment changes

Odaily Planet Daily News: Ivan Chebeskov, head of the digital financial assets department of the Russian Ministry of Finance, said that Russia should launch its own stablecoin to adapt to the evolving trend of the global payment system. He pointed out that the current global payment system is undergoing fundamental changes, with multiple countries developing their own digital currencies, and Russia should not be absent. He also emphasized that stablecoins can play an important role in international settlements, especially in the context of limited existing payment channels. Previously, the Russian central bank had started testing the digital ruble. （Reuters）