One of the Largest Banks in Russia Reportedly Preparing To Launch Its Own Stablecoin

The biggest retail bank in Russia is reportedly gearing up to launch its own proprietary stablecoin. According to the Russian news outlet Interfax, Sberbank has filed an application with the Central Bank of Russia to launch a blockchain-based digital asset that’s pegged to the Russian ruble. “Sberbank filed an application with the Bank of Russia […]The post One of the Largest Banks in Russia Reportedly Preparing To Launch Its Own Stablecoin appeared first on The Daily Hodl.