Russia and Iran are developing a cryptocurrency backed by gold to compete with the dominant dollar.
World Affairs
2023-01-21
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Russia and Iran are developing a cryptocurrency backed by gold to compete with the dominant dollar.
A cryptocurrency called a "stablecoin" backed by gold is purportedly being developed by Russia and Iran with the goal of dislodging the US dollar as the primary means of payment for international trade.
A cryptocurrency called a "stablecoin" backed by gold is purportedly being developed by Russia and Iran with the goal of dislodging the US dollar as the primary means of payment for international trade.
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