USDT records new all-time high against Russian ruble as inflation hits By Cointelegraph
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United States dollar-pegged stablecoin (USDT) witnessed a spike of over 30% in five days against the Russian ruble — highlighting the negative and immediate impact of the ongoing war on the traditional financial system.
Data from Cointelegraph Markets Pro and crypto exchange Binance show that the ruble is undergoing inflation as the trading pair — for the first time in history — crossed 105 rubles.
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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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United States dollar-pegged stablecoin (USDT) witnessed a spike of over 30% in five days against the Russian ruble — highlighting the negative and immediate impact of the ongoing war on the traditional financial system.
Data from Cointelegraph Markets Pro and crypto exchange Binance show that the ruble is undergoing inflation as the trading pair — for the first time in history — crossed 105 rubles.
Continue Reading on Coin Telegraph
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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