According to Wu Blockchain, the Russian Central Bank stated in its newly released draft of the 'Main Directions for the Development of the Russian Financial Market 2027–2029' that global digital assets, including cryptocurrencies and stablecoins, are rapidly spreading, with high participation from residents of various countries. Due to the payment functionality of some digital assets, there is a risk that users, including Russian citizens, may use them as an alternative payment tool to national currencies, i.e., 'currency substitutes.' The Russian Central Bank also believes that the anonymity, decentralization, and cross-border nature of certain cryptocurrencies may increase the risk of their use in illegal activities and weaken the effectiveness of regulatory restrictions imposed by individual countries. Currently, there is still a lack of unified standards for digital asset regulation across nations. https://(wublock123.com)/news/russia-central-bank-risks-digital-currency-stablecoin-use-68403