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The stablecoin sector is gaining significant traction as it facilitates Russia in settling deals with China. Notably, this shifting focus towards crypto is driven by the challenges posed by international sanctions. Meanwhile, a recent Bloomberg report highlighted that Russian firms are increasingly turning to stablecoins like Tether (USDT) to execute financial transactions with Chinese counterparts. Russian Firms Embrace Stablecoins The post Stablecoin: Russia China Settle Key Deals Using USDT Amid US Sanctions appeared first on CoinGape .