Deputy Chairman of the Board of Sberbank Anatoly Popov said that the bank had applied to the Central Bank of Russia to register a platform for issuing its own stablecoin – Sbercoin.
The management of Sberbank believes that it will receive approval from the regulator, since, according to the new law “On digital financial assets (DFA) and digital currency,” DFAs can be issued on registered sites. Therefore, the bank “prepares the ground” for the release of Sbercoin and work with this asset.
Popov said that Sberbank has successfully tested a new instrument that is planned to be used to work with digital bills. According to him, replacing a paper bill with a digital one will open up new opportunities for the bank’s development. However, even the approximate launch date for Sbercoin remains unknown.
Earlier, the head of Sberbank, German Gref, already talked about a platform for buying a digital asset based on the blockchain. In addition, last year, Sergei Popov, director of the Transactional Business branch of Sberbank, said that the bank was considering the possibility of issuing a stablecoin backed by the Russian ruble.
Recall that at the end of December, Sberbank tested the interaction of its corporate platform based on the Hyperledger Fabric blockchain with the Waves Enterprise platform. As part of testing, several transactions were made between them using smart contracts.
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