Russia is collaborating with friendly countries to establish a stablecoin cross-border settlement platform

According to Chain Catcher news and reported by the Russian TASS agency, Russian Deputy Finance Minister Alexey Moiseyev stated that Russia is collaborating with several friendly countries to establish a clearing platform for stablecoin cross-border settlements, which can be pegged to recognized instruments such as gold. Alexey Moiseyev said, "We are currently working with some countries to create bilateral platforms to avoid using the US dollar and the euro." (TASS)