Russian central bank to reconsider issuing national stablecoin

Russia's central bank plans to launch a study to re-examine the possibility of issuing a national stablecoin, according to Russian state news agency TASS. Vladimir Chistyukhin, First Deputy Governor of the Bank of Russia, said the bank will conduct research this year to assess the necessity and potential risks of introducing a stablecoin. He added that while the bank's previous stance was not to permit them, it now plans to review the risks and prospects by looking at international examples before holding public discussions.