Most Influential: Oleg Ogienko
Yahoo Finance·2025-12-16 15:00
Historically, there has been little international demand for Russia’s ruble. But a stablecoin pegged to the country's currency is having a moment – and becoming a prominent fixture at conferences outside the Western sphere of influence. Although Russia is one of the world’s largest energy exporters, accounting for over 10% of the global oil supply, most of that trade is settled in dollars, euros, or, increasingly, China’s renminbi. The Bank for International Settlements (BIS) does not list any ruble curre ...