In order to mint the gold-backed currency, however, authorities would need to first regulate crypto assets, a lawmaker noted.Iran’s central bank is considering the possibility of creating, with Russia’s participation, a digital token to facilitate trade in the Persian region, according to a report quoting the head of the crypto industry organization in the Russian Federation.
The coin could be accepted as a means of payment in international settlements, the Executive Director of the Russian Association of Cryptoeconomics, Artificial Intelligence and Blockchain , Alexander Brazhnikov, told the business daily Vedomosti and detailed:Stablecoins are cryptocurrencies, the value of which is usually pegged to state-issued fiat currencies or precious metals.
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Good or bad for crypto? Lemme know y’alls take
$gte
ERTHA, the best and most promising metaverse!!!
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Interesting! Looks like using crypto is becoming increasingly popular in international trade. With DeFi and stablecoins, we're unlocking a new way to conduct transactions - no need for third-party mediators. 🤝 Blockchain
Expart Bitcoin Ben..has discovered a much more profitable way for helping beginners and Crypto students in growing their knowledge concerning the markets by helping out with their trades while they watch and learn at their first stage, and at same time build their own portfolio.
It's just outrageous that this 'trade' hasn't been stopped yet
Good to see that crypto is used on gov level
Hope OnomyProtocol is following for latest crypto news
🔥🔥🔥🔥🚀🚀🚀🚀🚀🚀🚀🚀🚀🔥🔥🔥🔥🔥🔥🔥🚀🚀🚀🚀🚀🚀🚀🔥🔥🔥🚀🚀🚀🚀🚀🚀Shiba will fly 🚀🚀🚀🚀🚀🚀🔥🔥🔥🔥🚀🚀🚀🚀🚀🚀🚀🔥🔥🔥🔥🔥🔥like the rocket 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🚀🚀🚀🚀🚀🚀🔥
And that's all just Tether Us...USDT
I still maintain the position that stablecoins are as bad as CBDCs . But to be brutally honest, a gold-backed stablecoin (with actual and accurate proof of backing without paper-pushing) is something I can be supportive of.
USD is falling
Everybody loves gold
That's cool 😎
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