Russia gold backed crypto currency

russia gold backed crypto currency

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Russia \u0026 Iran Announce Gold Backed Stablecoin - (Goodbye Petrodollar)
Russia and Iran are reportedly working together to launch a cryptocurrency backed by gold, with the idea the "stablecoin" could replace the US. In a more global move. The digital currency would be backed by gold and operate in the special economic zone (SEZ) in Astrakhan, where Russia has begun to accept.
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Published By:. The stablecoin intends to replace fiat currencies like the US dollar, the Russian ruble, or the Iranian rial, for cross-border transactions. Please try again later.