Wagner Rebellion Triggered Surge in Ruble-Tether Crypto Trading Amid Currency Turmoil

Publikováno: 31.7.2023

#Blockchain News #Tether #Ukraine war #Russia

Russian private military company Wagner Group’s march towards Moscow in June triggered a 277% surge in trading volume between the stablecoin Tether (USDT) and the Russian fiat currency.
The huge rise in trading volume occurred as Russian traders sought safety from a depreciating Russian ruble while Wagner’s rebellion exposed weaknesses in Russian power structures and President Vladimir Putin’s grip on the country....
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