Indefibank CEO announces the issue of ruble-pegged stablecoin
A stablecoin will be created on the Ethereum blockchain using the ERC-20 standard
14.09.2022 - 10:00
495
1 min
0
What’s new? The head of Indefibank Sergey Mendeleev at the Blockchain Life forum announced the release of a stablecoin with a peg to the ruble, a correspondent of GetBlock Magazine reported. The token will be based on the Ethereum blockchain using the ERC-20 standard. In this, according to Mendeleev, each stablecoin will be fully backed by real currency, and its issuance will be under the control of any audit.
What else did Mendeleev add? Indefibank CEO noted that Ethereum was taken as a starting platform. If there is demand, Russian stablecoin will also be released on Binance Smart Chain (BNB) and Solana (SOL) networks.
“Our initiative is what the market demands, something that will make life easier and reduce fees,” explained the company’s head.
Mendeleev also allowed the possibility of the creation of other Russian stablecoins, including those initiated by the state, stressing that “the dollar has them [stablecoins] in dozens.”
What is known about Indefibank? It is a Russian decentralized financial platform founded in 2022. The firm develops smart contracts and provides services in the field of digital assets. Among other things, Indefibank is engaged in consulting activities.
The head of the company, Sergey Mendeleev, is known as the founder of the crypto exchange Garantex. He is also a lawyer and a member of Skolkovo, an initiative group that is working on the draft law “On Digital Financial Assets.”
Useful material?
Telegram 
Twitter Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Market
The company predicts that the rate of the first cryptocurrency will grow to $200 000 by the end of next year
Nov 11, 2024
Technologies
The company also unveiled its own blockchain adoption index
Nov 11, 2024
Cryptocurrency rates
-
Bitcoin
$90 763
BTC
+1.62%
-
Ethereum
$3 175.18
ETH
-1.42%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Dogecoin
$0.400181
DOGE
+0.64%
-
Ripple
$0.728032
XRP
+2.54%
-
Cardano
$0.567529
ADA
+1.92%
-
Bitcoin Cash
$434.03
BCH
+2.94%
-
Polkadot
$4.99
DOT
-4.58%
-
Litecoin
$80.9
LTC
+8.01%
-
Stellar XLM
$0.12498
XLM
-2.71%