Stablecoin: what is it?
Stablecoin is a digital currency pegged to a stable reserve asset such as the US dollar or gold. Stablecoins are designed to reduce volatility compared to non-pegged cryptocurrencies such as bitcoin.
Iran and Russia are working together to create a new stablecoin supported by gold.
The giants are working to produce a “token of the Persian Gulf region” that will be use such as payment method.
The Russian Parliament in 2023 will approve the law that regulating crypto transactions.
SOURCE: CoinTelegraph
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Chiara Chiommino is a graduating student in science of communication with work’s experience in social media marketing and web marketing as Brand Manager for Italian Cigar Group SRL. She took part in an internship experience entitled "Il Metaverso" in Italy.