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Russian Gold-backed Stablecoin Confirmed

Date: January 27, 2023 Category:

Russia Mulls Gold-backed Stablecoin, Lawmaker Confirms After Iran Visit.
Russia may issue a stablecoin backed by gold to use in international settlements, a high-ranking member of the Russian par...

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BRICS common currency

Date: January 25, 2023 Category: News

Russian FM says BRICS group to consider common currency.
Russia, Brazil, India, China, and South Africa may soon consider creating their own currency within the framework of the BRICS, FM Lavrov ...

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BRICS to create fairer payment mechanism

Date: January 19, 2023 Category:

BRICS is exploring ideas to create a fairer payment system that reduces dependence on dollars, South African Foreign Minister Naledi Pandor has said.
South Africa is the current BRICS chair.

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Saudi Arabia Open to Talks on Trade in Currencies Besides Dollar

Date: January 17, 2023 Category: News

Saudi Arabia, the world's largest crude oil exporter, is open to discussing oil trade settlements in currencies other than the U.S. dollar, Saudi Minister of Finance, Mohammed Al-Jadaan, told Bloomber...

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Iran, Russia planing the token of the Persian Gulf backed by gold

Date: January 16, 2023 Category: News

Iran and Russia want to issue a new stablecoin backed by gold.
The potential stablecoin aims to enable cross-border transactions instead of fiat currencies like the U.S. dollar, the Russian ruble...

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