Paying for russian gas usdt or usdc

[crzy]

Indeed, Putin is looking for possible options to get away from paying for gas in dollars and euros. USDT now looks very good as a replacement for the traditional fiat, so Russia can get away from the strengthening of the dollar in the market.

He’s looking for alternative because of the sanctions and crypto stable coins might be the best alternatives but Putin is a smart guy, he wants to get Ruble for the gas trade because this can save their economy so I think their priority is still their own fiat money. Many countries are still want to get gas from Russian and they have no choice but to comply with the requirements especially with Ruble, there’s no news yet about accepting cryptocurrency.

[Hydrogen]

Paying for gaz with usdt or usdc for russian gas could be the neutral option instead of using btc becouse putim dont dont have that good exchanger to exchange that large ammount of money to rubles or btc unstable big volatility not option but usdt or usdc has good volatility also you dont need to exvhange this usdt usdc are stable so it could be used very for large transactions.
Also western countries can buy easy the stable coins a lot of liquity so its a most logical and sustaineble way.

Have you seen a recent chart for the russian ruble? Its not that bad.



As long as the russian ruble remains relatively stable, there is little motive to search for alternative options.

A good example for USDT being useful as a hedge versus inflation is the lira of turkey.



Regions of high inflation create a dire need for alternatives that are more stable and reliable. Which stablecoins like USDT might fill.

[Sir Legend]

Paying for gaz with usdt or usdc for russian gas could be the neutral option instead of using btc becouse putim dont dont have that good exchanger to exchange that large ammount of money to rubles or btc unstable big volatility not option but usdt or usdc has good volatility also you dont need to exvhange this usdt usdc are stable so it could be used very for large transactions.
Also western countries can buy easy the stable coins a lot of liquity so its a most logical and sustaineble way.

I think it is better if Russia trades with stable coins, if using bitcoin or other coins that have high fluctuations it will make the bitcoin price like a roller coaster, moreover gas transactions can be billions of dollars for one transaction and will make the market unstable. besides that there will be many speculators and whales who take advantage of this situation so that it will cause a lot of difficulties for other countries who want to pay.

[Pejoh Asu]

There are many rumors circulating that Russia will use cryptocurrencies for gas and oil transactions, unfortunately there is no official information yet, so everything is still an assumption, transactions with very large amounts will certainly keep hackers busy so I believe that transactions with Rubble are more realistic compared to cryptocurrencies.

[nur rochid]

There are many rumors circulating that Russia will use cryptocurrencies for gas and oil transactions, unfortunately there is no official information yet, so everything is still an assumption, transactions with very large amounts will certainly keep hackers busy so I believe that transactions with Rubble are more realistic compared to cryptocurrencies.

Indeed, the rumor has not been realized until now, but if you think about it logically if you are a Russian, of course you want payment using its currency, namely the ruble, because then the ruble currency can rise in value and break sanctions from America, because European countries need oil from Russia. , and as the host has a condition to give the oil

[GelatikKembar]

There are many rumors circulating that Russia will use cryptocurrencies for gas and oil transactions, unfortunately there is no official information yet, so everything is still an assumption, transactions with very large amounts will certainly keep hackers busy so I believe that transactions with Rubble are more realistic compared to cryptocurrencies.

So far it's still just a rumor so we don't know anything about the clarity of the rumor,
whether using cryptocurrency for the transaction will happen or not basically the possibility will always be there,
but I also agree with you that it's also important to react realistically and we'll see about that later

[Oasisman]

There are many rumors circulating that Russia will use cryptocurrencies for gas and oil transactions, unfortunately there is no official information yet, so everything is still an assumption, transactions with very large amounts will certainly keep hackers busy so I believe that transactions with Rubble are more realistic compared to cryptocurrencies.

Regardless if there are rumors or none, Putin would always choose Rubles as a means of payment for oil. I mean why would they choose crypto when their own currency is decreasing in value.
They might have an option to accept crypto for a different transaction, but with oil I guess no. Putin have already announced that. If you need their oil, you will need to pay in Rubles, that the only way to save their own currency.

[fiulpro]

Paying for gaz with usdt or usdc for russian gas could be the neutral option instead of using btc becouse putim dont dont have that good exchanger to exchange that large ammount of money to rubles or btc unstable big volatility not option but usdt or usdc has good volatility also you dont need to exvhange this usdt usdc are stable so it could be used very for large transactions.
Also western countries can buy easy the stable coins a lot of liquity so its a most logical and sustaineble way.

This is not about volatility. At the end of the day we should realize that BTC is already covered by the EU sanctions as well as the sanctions by the other countries as well, therefore I do think that dragging bitcoins into it would be bad for Bitcoins as well.

Using the usdt would not really be a good idea since Russia right now cannot get the hands on the international market and therefore they want to pay in their national currency as well but this means that they won't have to go out of their way to improve the situation if you provide them with a solution.

It's all about Russia making amends not looking for things they can find the loop holes in.

<<Hopefully the Russian government does not provide too good of a deal to the countries so they cannot refuse, they need to stop funding the war. >>

[The Cryptovator]

I won't agree here using a centralized stable coin dealing with national goods officially. The US giving them sanctions in various ways, so it's possible to detect stable coin transactions and freeze them. Bitcoin is better for such deals, but don't think Russia going to do something like that with such a big amount. It's quite risky for Russia especially converting them into cash. Rather they would force buyer use Rubble to buy gas or oil.

[DrBeer]

There are many rumors circulating that Russia will use cryptocurrencies for gas and oil transactions, unfortunately there is no official information yet, so everything is still an assumption, transactions with very large amounts will certainly keep hackers busy so I believe that transactions with Rubble are more realistic compared to cryptocurrencies.

Stop No one can answer a simple question for me - HOW can Russia use crypto to bypass sanctions and / or sell oil and gas?
Russia, due to its total import dependence of the economy and the domestic market, needs Western goods, technologies that are sold ONLY for dollars or euros. The question is - Russia being under sanctions HOW can sell oil for bitcoins and then get a DOLLAR or EURO and buy sanctions technologies or goods?

I will now voice a new "idea", as stupid as "Russia will bypass sanctions with the help of cryptocurrencies." So - Russia will bypass the sanctions and defeat the Western countries, with the help of candy wrappers! Candy wrappers - you lost the West!

[kawetsriyanto]

Paying for gaz with usdt or usdc for russian gas could be the neutral option instead of using btc becouse putim dont dont have that good exchanger to exchange that large ammount of money to rubles or btc unstable big volatility not option but usdt or usdc has good volatility also you dont need to exvhange this usdt usdc are stable so it could be used very for large transactions.

What do you mean by the neutral option? Do you mean "wise decision"?

First, it is the right of the Russian government to decide whatever the payment tool for their gas or oil. They are the seller, so it depends on them to accept whatever payment tool they want.

Second, I don't see that stable coins are better than BTC. If we look at the security of BTC and stable coins, I assume BTC is safer as it is the number 1 crypto coin. If the Russian government doesn't like its volatility, they can convert it to their currency and not hold a long time. Nothing wrong with BTC and we actually can deal with the volatility.

How do you know Putin has no good exchanger?
Once he decides to use BTC as the payment tool, he must already know well how it works and how to exchange it in a secure way. Putin is a smart person, you don't need to doubt his knowledge or his capability about crypto. And he shouldn't do it himself, don't forget that he is a president.

[325btc]

Paying for gaz with usdt or usdc for russian gas could be the neutral option instead of using btc becouse putim dont dont have that good exchanger to exchange that large ammount of money to rubles or btc unstable big volatility not option but usdt or usdc has good volatility also you dont need to exvhange this usdt usdc are stable so it could be used very for large transactions.

What do you mean by the neutral option? Do you mean "wise decision"?

First, it is the right of the Russian government to decide whatever the payment tool for their gas or oil. They are the seller, so it depends on them to accept whatever payment tool they want.

Second, I don't see that stable coins are better than BTC. If we look at the security of BTC and stable coins, I assume BTC is safer as it is the number 1 crypto coin. If the Russian government doesn't like its volatility, they can convert it to their currency and not hold a long time. Nothing wrong with BTC and we actually can deal with the volatility.

How do you know Putin has no good exchanger?
Once he decides to use BTC as the payment tool, he must already know well how it works and how to exchange it in a secure way. Putin is a smart person, you don't need to doubt his knowledge or his capability about crypto. And he shouldn't do it himself, don't forget that he is a president.

Putin is just puppet.not smart just puppet his masters are smart