Sberbank plans to add ether and USDT as collateral for crypto-backed loans: Report
The Bank of Russia recently included ETH and USDT in a draft list of cryptocurrencies approved for public trading on Russian exchanges.
High signal
Published in the last two hours. 3 independent sources are tracking the same story.
Why this matters
Ethereum is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CoinDeskSame story, other sources
Cross-source coverage
3 sources
Russia’s Largest Bank Sber Eyes BTC, ETH, USDT for Crypto-Backed Loans
Russia’s largest bank plans to expand crypto-backed lending by accepting bitcoin, ether, and te...
Russia’s Sber eyes USDT loans, questions digital ruble demand
Russia’s largest bank, Sber, plans to accept USDT and Ether alongside Bitcoin as loan collatera...
Related market context
Sberbank plans USDT, Ethereum loans pending Russian regulatory approval
Sberbank's crypto-backed loan plans could boost institutional crypto adoption in Russia, potentially influencing Bitcoin's market...
Sberbank plans crypto-backed loans using Bitcoin, Ethereum and Tether
Sberbank's crypto integration signals a major shift in Russia's financial landscape, potentially challenging global regulatory nor...
Sberbank’s Crypto Lending Push Targets Bitcoin, Ethereum and USDT Collateral
Key Takeaways: Sberbank is ready to lodge Bitcoin, Ethereum and USDT to obtain credit. The initiative is reliant on the new crypto...
Tether CEO Slams BIS Over Tokenized Bank Deposit Push
Tether CEO Paolo Ardoino stressed that stablecoins are a more trusted form of money than tokenized bank deposits, explaining that...
Sberbank projects Russia’s regulated crypto trading volume to hit $46B in first year
Russia's regulated crypto market may boost institutional participation, but retail caps could limit broader public engagement and...
Sberbank Sees Russian Legal Crypto Trading Hitting $46B in Year One
According to Sberbank Deputy Chairman of the Executive Board Anatoly Popov, most crypto trading volume will continue to be routed...