#稳定币市场发展 Seeing that the Russian Central Bank plans to implement new crypto regulations in 2026, my first reaction is: the logic behind this is quite intriguing.

They explicitly stated that digital currencies and stablecoins can only be bought and sold, not used for domestic payments — which is essentially drawing a line. On the surface, it appears open, but in reality, it’s about managing risks. I’ve fallen into traps in this market before and seen many projects claiming to "innovate payments" to siphon funds, only for investors to lose everything in the end. Russia’s approach may seem conservative, but at least it’s honest — they didn’t promise that stablecoins would be miraculous, but instead clearly warned about volatility and sanctions risks.

The key statement is: "These assets are not issued or guaranteed by any jurisdiction" — that’s the truth. When many people are lured into the market, they hear terms like "next-generation currency" or "revolutionary asset," but no one properly explains that fundamentally, no one is endorsing these assets. Russia’s central bank at least laid out the ugly truth upfront.

For those considering entering the market, this framework serves as a reference: a truly prudent attitude is to treat crypto assets as high-risk assets rather than substitutes. The development of the stablecoin market requires such constraints; otherwise, it will just be another feast of rug pulls. Those who last longer in this space never rush in just because policies seem "friendly." On the contrary, the more explicit the risk warnings from regulators, the safer it is.