Russia, Iran to Co-Create Gold-Backed ‘Token of Persian Gulf’ Crypto Asset: Report

Russia and Iran are reportedly planning to form an alliance to co-develop a stablecoin pegged against gold as the reserve asset. The stablecoin, upon its launch, will begin its operations in the special economic region of Astrakhan, where Russia receives cargo shipments from Iran.

Author: . [Source Link (*), Gadgets 360]

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