Russia and Iran are working together to launch a cryptocurrency backed by gold, Vedmosti reported.
A"de-dollarisation" trend has already begun as the greenback's dominance makes purchases more expensive.Russia and Iran are reportedly working together to launch a cryptocurrency backed by gold, with the idea the"stablecoin" could replace the US dollar for payments in international trade. Those payments are typically done in government-issued currencies such as the US dollar, Russian ruble and Iranian rial.
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