Russian oil firms use Bitcoin, Ethereum, USDT for cross-border payments with China and India
Russia has started using crypto for oil trades with China and India as it seeks to bypass Western sanctions, Reuters reported on March 14, citing sources familiar with the matter. According to the ...
Source: CryptoSlate
Russia has started using crypto for oil trades with China and India as it seeks to bypass Western sanctions, Reuters reported on March 14, citing sources familiar with the matter. According to the report, some Russian oil companies have settled trades in Bitcoin, Ethereum, and stablecoins like Tether’s USDT. This strategy simplifies the conversion of […]