Russia using BTC, ETH to circumvent sanctions? Cryptocurrencies become new tool for oil trade? According to Reuters, sources revealed that Russia is using cryptocurrencies, including BTC, ETH, and USDT stablecoins, in its oil trade with India. Why? 1. Evading sanctions: Western sanctions have cut off some of Russia's traditional payment channels, and cryptocurrencies provide a decentralized solution.
This article is machine translated
Show original
BTC
0.2%
ETH
0.78%
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content
