Woofun AI reports that Ivan Chebeskov, Deputy Minister of Finance of Russia, disclosed that USDC will be added to the roster of approved cryptocurrencies for trading, joining USDT, Bitcoin, and Ethereum. This decision reverses prior indications from the Central Bank of Russia that no additional tokens would be permitted. Eligibility for non-professional investors is restricted to assets with an average market capitalization exceeding 5 trillion rubles over the past two years.

Meanwhile, Chebeskov suggested that small fiat stablecoins from friendly jurisdictions, such as ruble and UAE dirham stablecoins, may also receive approval. The regulatory framework must be enacted by July 1, granting retail investors legal access to digital assets for the first time, subject to an annual investment cap of 300,000 rubles.