Saturday, November 16, 2024
Home > News > Bitcoin News > Ukraine’s Wealthy Finding It Hard to Buy Crypto Amid Geopolitical Tension

Ukraine’s Wealthy Finding It Hard to Buy Crypto Amid Geopolitical Tension

Wealthy Ukrainians, at least those who have not fled the country, are looking to cryptocurrencies as a safe haven for their assets as the Russian-Ukraine conflict heats up. However, there’s a limited supply of Tether’s USDT dollar-linked stablecoins, and that limit has pushed up the exchange rate to a sizable premium.

Source