Stablecoins as a Means of Payment. Prospects for Integration into the Existing Legal System of the Russian Federation

The article is devoted to the issues of legal regulation of stablecoins as a means of settlement. The foreign experience of introducing stablecoins into financial markets is analyzed, as a result of which it is concluded that approaches to regulating their circulation are different. A number of countries are creating a new legal architecture for the creation and circulation of stablecoins, while others, on the contrary, use existing legal regulation mechanisms. The Bank of Russia's approaches to the legal nature of stablecoins and the doctrinal definitions of Russian and foreign scientists were also analyzed, the comparison of which allowed the author to classify them as a type of digital financial assets from the point of view of current Russian legislation.