TL;DR Crypto-Backed Oil Trade: Russia is using Bitcoin and USDT to facilitate oil transactions with China and India, circumventing traditional financial systems amid global sanctions. Intermediary Process: Payments in local currencies are funneled through offshore accounts, where they are converted into cryptocurrencies and later exchanged for rubles.

Russia has started using crypto for oil trades with China and India as it seeks to bypass Western sanctions, Reuters reported on March 14, citing sources familiar with the matter. According to the report, some Russian oil companies have settled trades in Bitcoin, Ethereum, and stablecoins like Tether's USDT.

TRON cryptocurrency is incredibly popular among gamers in the gaming industry, casual games, and online casinos. Just a few months ago, it soared to a new price peak but has since lost half of its value.

Russian businesses are turning to cryptocurrency for trade deals with China and India.

This marks a significant shift in how Russia navigates global financial restrictions. It is using digital assets to keep its oil flowing.

Russian companies have been using cryptocurrencies like Bitcoin and USDt to facilitate international trade with China and India, according to a Reuters report.Russian oil companies have been using crypto assets like Bitcoin (BTC) and Tether's USDt (USDT) to accelerate international trades, Reuters reported on March 14, citing four sources with direct knowledge of the matter. One Russian oil trader reportedly conducts tens of millions of dollars worth of monthly transactions using digital assets, according to a source who spoke on condition of anonymity due to a non-disclosure agreement.

Bitcoin's price outlook is improving as stablecoin liquidity surges, with USDT market cap expanding by $5.75 billion in the past 60 days. According to CryptoQuant's Mar. 13 post on X, this increase surpasses its 60-day simple moving average of $3.

The outlook for Bitcoin (BTC) is showing signs of improvement as stablecoin liquidity increases and key market indicators signal a potential reversal of the recent deep correction. CryptoQuant highlighted a significant expansion in the market capitalization of Tether USD (USDT), which usually leads to rising Bitcoin prices.

Tether CEO Paolo Ardoino shared his thoughts into the future of stablecoins and the impact of new legislation from the White House.

Tether CEO Paolo Ardoino has expressed excitement regarding the much-hyped stablecoin bill, which passed the U.S. Senate Banking Committee earlier today.

Tether is angling to join Cantor Fitzgerald's Bitcoin financing business, citing a long-term business relationship. A press release by Cantor Fitzgerald omitted the stablecoin issuer but its CEO says a partnership is still in play.

Get a jump start on the US trading day with "Bloomberg Open Interest". Matt Miller, Katie Greifeld and Sonali Basak.

The following is an opinion piece by Tom Howard, Head of Financial Products and Regulatory Affairs at CoinList. Stablecoin Act drafts that would effectively ban Tether and other non-US stablecoin issuers from the US market due to offshore operations are circulating.

Tether Chief Executive Officer Paolo Ardoino talks about crypto regulation, the firm's USDT stablecoin and their relationship with Cantor Fitzgerald, which was recently led by Howard Lutnick, who is now the US Commerce Secretary. Ardoino is on "Bloomberg Open Interest.

Stablecoin spikes during dips often signal buying. But this time - caution or the next rally?

The decline of Bitcoin exchanges and the "Hodl" strategy

TL;DR Record Activity: Tether's daily on-chain transfers surged to over 143,000, reaching a six-month high amid volatile market conditions. Trader Strategy: Increased buy-side activity as traders accumulate USDT during market dips to capitalize on upcoming buying opportunities.

Tron founder Justin Sun is asking the crypto community about what is happening to Ethereum, against the backdrop of liquidations that reached $2.1 billion in the last two weeks. On Monday, Sun pointed out the network's high-leverage trading issues, which he deemed would cause losses to decentralized finance protocols using the blockchain.

The role of stablecoins is expanding beyond the crypto market and attracting attention from traditional financial institutions. Meanwhile, new regulations from Europe and the US could make stablecoins more useful in the real world.

Stablecoin adoption in Latin America is increasing as more users turn to Circle's USDC and Tether's USDT for financial stability, according to a new report from cryptocurrency exchange Bitso.The USDC (USDC) and USDt (USDT) stablecoins have become a “store of value” in Latin America, accounting for 39% of total purchases on Bitso in 2024, the firm said in its third edition of the Latin America Crypto Landscape report issued on March 12. The report highlighted a significant increase in stablecoin adoption on the platform, with total stablecoin purchases surging 9% from 2023.

The event marked his first official trip to the United States.

Attendees erupted in applause when Paolo Ardoino, Tether's public face, took the stage at the Cantor Fitzgerald Global Technology Conference in New York. Despite Tether's outsized influence in crypto, it was Ardoino's first major public appearance in the U.S., a country he had long avoided over regulatory scrutiny.

Onchain activity for Tether has hit a sixth-month high, possibly indicating traders are gearing up to jump back into the market, according to analysts. Data shared by the blockchain data platform Santiment in a March 12 X post shows Tether's (USDT) onchain activity has been on the rise, peaking with over 143,000 wallets making transfers on March 11, the highest in six months.

Paolo Ardoino, the face of Tether, received applause as he took the stage at the Cantor Fitzgerald Global Technology Conference in New York. Dressed casually in a Ralph Lauren polo and gray khakis, he contrasted sharply with the business attire around himyet he likely held the deepest pockets in the room.

Tether CEO Paolo Ardoino argued that Tether is the “most important ally for the US” in its goal of maintaining the dollar's dominance in the global economy.

Ardoino spoke at the Cantor Fitzgerald Global Technology Conference on Wednesday as he continued his first trip to the United States.

Tether has witnessed a significant surge in on-chain activity in recent weeks, which could signal potential buying pressure following the latest crypto dip. Market intelligence platform Santiment says on-chain data related to Tether (USDT) points in this direction.

Tether CEO Paolo Ardoino has defended the company's role in the U.S. financial system, stating that its $115 billion in treasury holdings make U.S. debt more resilient. Speaking at a rBitcoin Policy Institute event on Mar.

The price of TRON (TRX) shows an erratic trading behavior.

TRX has been consolidating at key support, while whale activity hinted at upcoming market shifts.

Justin Sun, the founder of the Tron blockchain, recently took to X, formerly Twitter, to boast about how Tron just happens to be the only top crypto still in green since Trump took office.

Tether's USDT has received official approval from Thailand's Securities and Exchange Commission (SEC), marking a significant milestone for the stablecoin in the Southeast Asian market.

A regulatory framework for the cryptocurrency market

Paolo Ardoino, CEO of Tether, stated today that USDT stablecoin adoption in developing nations effectively creates a decentralized market for US debt, positioning everyday people as indirect purchasers of American treasuries through Tether's reserves.

TRON has shown a loss of momentum in recent sessions, consistently facing rejection around the $0.2510 resistance level. Technical indicators such as the RSI and MACD reflect signs of bullish exhaustion, with a bearish inclination that could trigger further corrections.

The Thailand Securities and Exchange Commission has approved USDT and USDC for trading on regulated exchanges.

Justin Sun, a crypto billionaire and the creator of the Tron blockchain, has drawn the crypto community's attention to a major issue on Ethereum that he sees as dangerous for its near future.

The country's SEC has officially approved Tether's USDt and Circle's USDC for trading on regulated exchanges. This move is part of a broader effort to embrace digital assets while keeping a firm grip on regulation.

TRON (TRX) maintains the tenth position among cryptocurrencies by market capitalization, despite the recent bear market trend.

Thailand's Securities and Exchange Commission (SEC) has officially approved Tether's USDT and Circle's USDC stablecoins for trading on regulated exchanges.

Thailand's Securities and Exchange Commission has officially approved Tether's USDT as a recognized cryptocurrency, allowing its trading and potential use in payments, marking a significant step forward for stablecoin adoption in Asia.

Thailands Securities and Exchange Commission (SEC) has expanded its list of approved cryptocurrencies, adding the two largest stablecoins, Tether (USDT) and Circle (USDC), as trading pairs on regulated digital asset exchanges. The decision follows a public consultation in February, where most respondents supported the move.

Thailand's SEC announced top stablecoins USDT and USDC as official cryptocurrencies for various uses. Thailand citizens can start USDT and USDC trading and payments from March 16, 2025.

Thailand has added two dollar-backed stablecoins to its list of regulated cryptocurrencies as global stablecoin adoption gains steam.

On-chain data from Lookonchain revealed that USDT and USDC Stablecoins on Ethereum increased by $1.3 billion. The analytic firm also noted that USDT and USDC Stablecoins on Hyperliquid decreased by $77 million.

The crypto market faced a challenging week, but the new week brings hope for recovery. Whether this rebound stems from broader market trends or individual network developments remains uncertain.

Thailand's SEC approved USDT for trading and payments on regulated exchanges, effective March 16, 2025, fostering digital asset innovation with a robust regulatory framework. The post Thailand SEC Approves USDT for Trading and Payments on Regulated Exchanges appeared first on Cryptonews.