🚀The Bank of Russia is considering the possibility of legalizing stablecoins for international transactions. This could become an alternative for conducting trade with China under sanctions.

🔍Alexei Guznov, deputy head of the Central Bank, said that the initiative could move from a temporary experiment to permanent regulation.

🔵Stablecoins, unlike traditional cryptocurrencies, are usually asset-backed and have a central issuer, which solves problems that previously forced the Central Bank of Russia to oppose the legalization of digital assets.

🤔However, questions remain about how the legalization of stablecoins will comply with sanctions.

What are your thoughts on this? 📢