BREAKING: 🇷🇺 🇮🇳 Russia is using $BTC , $ETH and USDT for oil trade with #India to circumvent Western sanctions. — Reuters
It appears to be true. Multiple reports, including from Reuters, confirm that #russia is using cryptocurrencies like Bitcoin, Ethereum, and Tether (USDT) in oil trade with India and China to bypass Western sanctions.
These cryptocurrencies are being used to convert Indian rupees and Chinese yuan into Russian rubles through intermediaries, although this method still accounts for a small but growing portion of Russia's total oil trade.
#BTC #ETH #USDT
