The post Russia May Launch Its Stablecoin Amid Geopolitical Pressure appeared on BitcoinEthereumNews.com.

According to local reports, Russia’s central bank is re-examining its long-standing opposition to stablecoins. First Deputy Chairman Vladimir Chistyukhin said the Bank of Russia will conduct a study this year on the feasibility of creating a Russian stablecoin.  Previously, Russia had consistently opposed plans for a centralized stablecoin. However, Chistyukhin said foreign practice now warrants a renewed assessment of risks and prospects. Sponsored Sponsored Moscow Reopens the Stablecoin Debate The shift signals a strategic rethink rather than an immediate policy change. Still, the timing is notable. Over the past year, the United States passed the GENIUS Act, establishing a federal framework for payment stablecoins.  The law formalized 1:1 dollar backing and reserve transparency requirements.  As a result, US-backed stablecoins have gained institutional legitimacy and expanded their footprint in cross-border payments and digital asset settlement. ✅ GENIUS ACT SIGNED INTO LAW “The GENIUS Act creates a clear and simple regulatory framework to establish & unleash the immense promise of dollar-backed stablecoins. This could be perhaps the GREATEST revolution in financial technology since the birth of the internet itself.” pic.twitter.com/CH5pnznAuf — The White House (@WhiteHouse) July 18, 2025 At the same time, the European Union has accelerated work on a digital euro and MiCA-compliant euro stablecoins led by major banks.  Sponsored Sponsored European policymakers have framed these efforts as necessary to preserve monetary sovereignty and reduce dependence on foreign digital currencies. 🇪🇺 “We Need a Euro Coin”: Europe Pushes Back on USD Stablecoin Dominance EU stablecoin share surged from 16% to 34% since 2024, per @CryptoRank_io but 99.8% remain USD-backed. Regulators fear this risks euro sovereignty, pushing for a digital euro & stricter MiCA rules. 💶… pic.twitter.com/HzrON66OE7 — BeInCrypto (@beincrypto) July 5, 2025 Against that backdrop, Russia risks falling behind in the race to shape digital monetary infrastructure. Stablecoins now function as…

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Filed under: News - @ February 14, 2026 3:13 am