Russia Explores Crypto for Grain Export Settlements
Russia’s Agricultural Bank is evaluating cryptocurrency-based solutions to facilitate grain exports exceeding 49.5 million tonnes. This MOVE signals a strategic pivot toward digital asset adoption in commodity trading, potentially creating a new institutional use case for blockchain technology.
The initiative reflects Moscow’s broader openness to cryptocurrency integration following Western financial sanctions. While no specific digital assets were mentioned, the development could drive demand for stablecoins or CBDC alternatives in cross-border agricultural trade.