Smugglers Use Tether to Evade Russian Sanctions — Report

Tether has emerged as a major facilitator for Russian entities looking to work around Western sanctions over the invasion of Ukraine, according to a recent report from the Wall Street Journal. Tether, which claims to be backed one-to-one by US dollars, has become the preferred payment rail for a “shadow trade” keeping key Russian industries … Continue reading Smugglers Use Tether to Evade Russian Sanctions — Report