ChainCatcher News: The Deputy Secretary of the US Treasury has made a formal statement to the Senate Banking, Housing, and Urban Affairs Committee, claiming that Russia is using Tether's USDT stablecoin to circumvent economic sanctions.
US Treasury Undersecretary: Russia used Tether’s USDT stablecoin to bypass economic sanctions
![](https://public.bnbstatic.com/image/pgc/202303/b79ad6e3d66b98bb791352b3abb6de2c.jpg)
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