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Russian oil firms use Bitcoin, Ethereum, USDT for cross-border payments with China and India – TON BOT

Russian oil firms use Bitcoin, Ethereum, USDT for cross-border payments with China and India

Russia is using crypto for oil trades with China and India to bypass Western sanctions. Oil companies settle trades in Bitcoin, Ethereum, and stablecoins like Tether’s USDT to simplify currency conversion. Despite challenges with the digital ruble, the country is moving towards increased adoption of digital assets in international trade.


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