
Russia’s Biggest Bank Considers Launching Its Own Stablecoin

Russia’s Biggest Bank Considers Launching Its Own Stablecoin
Sberbank, a state-owned company and the largest bank in Russia, is considering the possibility of issuing its own token, according to its key executives.
Sergey Popov, director of the transaction business at Sberbank, says that Russia’s banking giant is thinking of issuing its own stablecoin that could be pegged one-to-one to the Russian ruble, local news agency Kommersant reported on Tuesday.
Russia’s Biggest Bank Considers Launching Its Own Stablecoin
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