TLDR Crypto · MARKETS & BUSINESS

BRICS ADOPTS BITCOIN & CRYPTO FOR OIL TRADE

links.tldrnewsletter.com3 min read

Summary from the TLDR Crypto newsletter

Russia has begun using Bitcoin, Ethereum, and stablecoins like USDT for oil trade, circumventing Western sanctions and embracing crypto as an alternative payment method. This move, by a key BRICS nation, signals a broader shift toward blockchain-based trade solutions, reshaping how sanctioned countries conduct business in the global marketplace.