#RussiaStudiesNationalStablecoin Russia is formally studying the potential issuance of a national stablecoin, signaling a notable evolution in its digital asset strategy. While the country has already advanced work on a central bank digital currency (CBDC), this new exploration suggests policymakers are assessing whether a state-backed stablecoin could complement existing monetary tools rather than replace them.
The research is being led by the Bank of Russia, which is conducting a feasibility assessment focused on technical design, monetary implications, and systemic risk considerations. Impo