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Companies Turn to Crypto for Payments as G7 and EU Mull Sanctions on Russian SWIFT Equivalent

Companies Turn to Crypto for Payments as G7 and EU Mull Sanctions on Russian SWIFT Equivalent


Bitcoin.com
2024-06-02 20:20:57

Some Russian companies have turned to using crypto to settle payments and protect themselves from potential secondary sanctions from Western countries. At least two top metal producers have transacted using USDT, the largest stablecoin in the crypto market, as the G7 and the EU mull more sanctions against alternatives for these operations. Crypto Used as


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