🚨【Shocking Policy Raid】Is USDT 'Coming to an End' in Russia? Central Bank Takes Action to Block It, Investors Stunned!
Russia's cryptocurrency regulation is hitting hard, and USDT may completely exit the domestic market!
Although there is no explicit ban, the new regulations from the Russian central bank hide deadly pitfalls. Experts generally believe that this policy will directly lead to the end of USDT trading locally, triggering panic among cryptocurrency investors.
💣 Regulatory Sandbox New Rules Target USDT
On May 26, the Russian central bank officially launched the 'Cryptocurrency Regulatory Sandbox', allowing businesses to use cryptocurrencies in cross-border trade, but — only tokens from 'friendly countries' are permitted.
Here comes the key point: any wallet or asset that can be blocked by the issuer will not be approved. This clause is interpreted by the industry as specifically targeting Tether-type US dollar stablecoins.
⚠️ Experts Say: USDT is 'Out'
Cryptocurrency advisor Mikhail stated that USDT will not meet the new regulatory requirements, essentially confirming its exclusion.
Legal expert Gukasian added that Tether is under US sanctions; once it triggers the blacklist, it could freeze Russian users' assets, posing a national security risk.
🌍 Cross-Border Still Possible, But Individual Investors Should Steer Clear
Although businesses can still use USDT for cross-border payments, ordinary users will find it nearly impossible to legally obtain or trade it. The past allure of USDT as a safe-haven asset has now faded in Russia.
Worse still, US law enforcement agencies have previously demanded Tether freeze related Russian accounts, and the trust foundation has nearly collapsed.
🧭 Russia Prepares 'De-Dollarization' Alternative
Meanwhile, Russia is accelerating its alternative strategies:
DFA Asset Cross-Border Payment Pilot — Including gold tokens and other assets, has received official approval.
Crypto Settlement Channel Opened — Launched a trial run last December and is currently expanding its use.
Digital Ruble and BRICS Bridge Plan — Aiming to create a central bank digital currency system for local currency settlements, reducing dependence on the US dollar.
📌 Conclusion:
This wave of policies from Russia, which appears mild but is actually a precise strike, has basically sounded the death knell for USDT in Russia. For ordinary investors, it is time to reassess stablecoin strategies and asset allocation.
The era of stablecoins continues, but for USDT in Russia, it may already be at the end of its strong pull.