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…

No active "ca-sidebar-59" sidebar
Recent Post

New market panorama and job opportunities in the Web 3.0 economy

horizon os-themetaeconomist

Horizon OS Meta opens up Quest OS to other companies, including ASUS and Lenovo

bitcoin-halving-themetaeconomist

The new Bitcoin halving: the next step for the cryptocurrency system

Adeyemo-crypto-themetaeconomist

US Deputy Treasury Secretary Wally Adeyemo against crypto crime. Adeyemo proposes to create a strong Crypto Regulation

1inch-crypto debit-card-themetaeconomist

1inch, a new credit card in the crypto market. Just after 24 hours since launch over 3000 users have applied

Is Ethena going to became the most profit making crypto project?

1 2 3 62
TheMetaEconomist 2022 - Privacy / Cookies
crossmenu