According to reports, the Central Bank of Iran and the Russian government are working together to issue a new stablecoin that is backed by gold to be used in overseas trade.
Iran and Russia are collaborating to develop a "token of the Persian Gulf region" that would be used as a form of payment in international trade, according to the Russian news agency Vedomosti.
According to Alexander Brazhnikov, executive director of the Russian Association of Crypto Industry and Blockchain, the t...