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Wagner Rebellion Triggered Surge in Ruble-Tether Crypto Trading Amid Currency Turmoil

Russian private military company Wagner Group’s march towards Moscow in June triggered a 277% surge in trading volume between the stablecoin Tether (USDT) and the Russian fiat currency. The huge rise in trading volume oc...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Wagner Rebellion Triggered Surge in Ruble-Tether Crypto Trading Amid Currency Turmoil
Russian private military company Wagner Group’s march towards Moscow in June triggered a 277% surge in trading volume between the stablecoin Tether (USDT) and the Russian fiat currency.
The huge rise in trading volume occurred as Russian traders sought safety from a depreciating Russian ruble while Wagner’s rebellion exposed weaknesses in Russian power structures and President Vladimir Putin’s grip on the country....
Read More: Wagner Rebellion Triggered Surge in Ruble-Tether Crypto Trading Amid Currency Turmoil

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