Crypto in Crisis
Since the war began, crypto volumes in Ukraine have plummeted due to the collapse of gray market transactions, which previously constituted a significant portion of the economy. With many businesses destroyed and people focused on survival rather than speculation, the primary use of cryptocurrencies now revolves around humanitarian aid, utilizing bitcoin, ether, and USDT to fund essential goods and services.In this clip
From this podcast
Decoder with Nilay Patel
How Ukraine’s wide use of cryptocurrency is playing out during the war
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