Russia Very Likely to Default on Foreign Debt: $6B Worth of CDS Contracts Can be Triggered
Sanctions imposed by the west make it highly unlikely that Russia will be able to honor its debts.
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XLM$0.1911-3.05%
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
Gold may offer Russia and other targeted entities a more suitable option for bypassing sanctions as generating and accessing foreign exchanges becomes increasingly tricky.
Sanctions imposed by the west make it highly unlikely that Russia will be able to honor its debts.
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As Russia gets hit by economic sanctions, could cryptocurrency be next?