Iran and Russia: a new stablecoin

Iran and Russia: a new stablecoin 

16 January 2023

Category

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 

READ AOUT BITCOIN AND NFT TAXED SINCE JANUARY…

Recent Post
Forbes under 30 list on blockchain - themetaeconmist

Forbes Under 30 list lands on blockchain

agri-food sector blockchain

Agribusiness revolution with the blockchain innovation

Zipmex interrupts trading activity in Thailand

Altman is back, former OpenAI CEO is in charge again. Revolution in the Board

OpenAI and Microsoft logo

Great Migration: after Brockman, Altman too leaves OpenAI for Microsoft

ai tokens - themetaeconomist

Top performance in the weekend for AI tokens

1 2 3 56
TheMetaEconomist 2022 - Privacy / Cookies
crossmenu