Russia is pushing for de-dollarization. The Ministry of Foreign Affairs Russia (MFA Russia), however, is said to be considering replacing the United States Dollar with traditional fiat currencies as well as digital currencies.

Aleksandr Pankin, deputy minister of Foreign Affairs of Russia, reiterated the country’s plans to reduce the U.S. dollar share in Russia’s international reserves and its usage in settlement with foreign partners in a Tuesday InterviewInterfax, the local news agency