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Moscow's Use of Stablecoin: a Challenge for Sanctions

Summary by Le Grand Continent
In recent years, stablecoin has gained considerable popularity in the crypto-active world. Since the Covid-19 pandemic, their role has been strengthened to become an increasingly credible alternative to traditional payments, relegating their role to second place as a tool for converting between legal and crypto-active currencies. The value of stablecoin is indexed to currencies issued by the states, mostly the US dollar. Thanks to the blockchain…
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In recent years, stablecoin has gained considerable popularity in the crypto-active world. Since the Covid-19 pandemic, their role has been strengthened to become an increasingly credible alternative to traditional payments, relegating their role to second place as a tool for converting between legal and crypto-active currencies. The value of stablecoin is indexed to currencies issued by the states, mostly the US dollar. Thanks to the blockchain…

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Le Grand Continent broke the news in on Thursday, June 26, 2025.
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