UDC 004.75
DOI: 10.36871/ek.up.p.r.2024.12.11.027
Authors
Zarema Sh. Sebaeva,
Khadizhat M. Abubakarova,
Federal State Budgetary Educational Institution of Higher Education “Grozny State Oil Technical University named after Academician M.D. Millionshchikov”, Grozny
Abstract
The article analyzes the role of stablecoins and cryptocurrencies in the Russian financial system, their impact on investment markets, as well as the specific risks and opportu-nities associated with their use. The controversial issues of the essence of cryptocurrency are investigated. It has been revealed that in the scientific and practical environment cryptocurren-cies are considered as digital currencies, electronic means of payment, new forms of electronic money. Special attention is paid to the role of cryptocurrencies for the financial system, in par-ticular, its regulation, development prospects and impact on the country's financial market. The potential of stable coins to increase financial stability has been assessed. Key risks such as regulatory uncertainty, financial security and volatility of cryptocurrency assets have been iden-tified. The potential possibilities of using crypto assets to diversify investment portfolios in Russia are considered.
Keywords
stablecoin (stable coins), cryptocurrencies, bitcoin, investments, regulation, fi-nancial risks
