Dossier
Russian stablecoin
Coverage of Russian stablecoin in the Nexus archive.
- This sanctioned Russian stablecoin claims it processes billions, but blockchain analysts disagree
A sanctioned Russian stablecoin claims to process billions in transactions, but blockchain analysts dispute these claims. The stablecoin's operations are under scrutiny amid conflicting reports about its actual transaction volume.
- A Russian stablecoin built to dodge sanctions says it can survive even if they're lifted
A Russian stablecoin is claiming it can survive even if sanctions are lifted, as it was built to dodge them in the first place. The stablecoin's creators believe its design will allow it to continue operating regardless of changes to sanctions. This comes as many countries impose sanctions on Russia.