Russian Central Bank Wants to 'Limit' Stablecoin Use in Payments

Russia's Central Bank wants to position itself as the country's digital economy center of gravity - and appears ready to pave a way for its forthcoming digital ruble to gain market dominance. And it wants to make sure of that by placing a limit on the use of stablecoins in settlements. Per Interfax, Ivan Zimin, the head of the Central Bank's financial technology