<ul><li>Russia collaborating with allies to create stablecoin clearing platforms for cross-border settlements,  according to Tass news agency.</li><li>"Nikhil Kamath, co-founder of Zerodha, suggests trend in stablecoin could potentially alter the global economic order."</li><li>He tweets, "Iran and Russia to issue a new stablecoin backed by Gold. Damn, if this picks up could be day 1, event 1 of establishing a new economic order everywhere. No idea why it's getting no oxygen from the global press...".</li><li>"Stablecoins are digital currencies with a fixed value tied to a reference asset."</li></ul>

Russia's gold-backed cryptocurrency could establish 'new economic order': Zerodha CEO

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