#Russia’s top metal producers reportedly turn to Tether for trades with China.@2024
Russia’s two largest unsanctioned metal producers have reportedly begun using Tether’s USDT stablecoin for cross-border transactions with Chinese clients and suppliers.
Russian commodities giants have reportedly started using stablecoins to settle cross-border transactions with China as the U.S. Treasury Department previously made it clear it would impose secondary sanctions on lenders facilitating sanctions evasion.
