Russia considers its own stablecoins! After USDT wallets linked to Russia were blocked, a senior Finance Ministry official suggests developing domestic stablecoins pegged to various currencies. With Western sanctions tightening, stablecoins have become crucial for cross-border transactions. Meanwhile, Tether blocked 30M on Russian exchange Garantex, forcing it to suspend operations. Despite the Russian central bank’s opposition to crypto for domestic payments, firms are actively testing international transactions. Could Russian-backed stablecoins reshape global finance? 🌍📊 What do you think—economic necessity or a risky move? Drop your thoughts below!