Sber Considers USDT Lending as Digital Ruble Demand Comes Under Scrutiny
Aug 30 2026 17:35 UTC
Russia’s largest bank, Sber, is preparing to widen its crypto-backed lending by allowing additional collateral types, including Tether’s USDt stablecoin and Ether, alongside Bitcoin. The expansion is expected to roll out as Russia’s new regulated crypto market framework takes eff...
➤ Sber, Russia's largest bank, plans to expand its crypto-backed lending by accepting Tether's USDt stablecoin and Ether as collateral, in addition to Bitcoin.
➤ This expansion is contingent on the Bank of Russia authorizing these assets for trading on regulated exchanges under the new crypto market framework, effective September 1st.
➤ Concurrently, Sber leadership expresses skepticism about broad demand for the digital ruble, highlighting a potential divergence in adoption dynamics between regulated crypto assets and CBDCs in Russia.
Read more at: https://rwatimes.io/articles/coinmarketcap-sber-considers-usdt-lending-as-digital-ruble-demand-comes-under-scrutiny-4105682873?utm_source=binance
Aug 30 2026 17:35 UTC
Russia’s largest bank, Sber, is preparing to widen its crypto-backed lending by allowing additional collateral types, including Tether’s USDt stablecoin and Ether, alongside Bitcoin. The expansion is expected to roll out as Russia’s new regulated crypto market framework takes eff...
➤ Sber, Russia's largest bank, plans to expand its crypto-backed lending by accepting Tether's USDt stablecoin and Ether as collateral, in addition to Bitcoin.
➤ This expansion is contingent on the Bank of Russia authorizing these assets for trading on regulated exchanges under the new crypto market framework, effective September 1st.
➤ Concurrently, Sber leadership expresses skepticism about broad demand for the digital ruble, highlighting a potential divergence in adoption dynamics between regulated crypto assets and CBDCs in Russia.
Read more at: https://rwatimes.io/articles/coinmarketcap-sber-considers-usdt-lending-as-digital-ruble-demand-comes-under-scrutiny-4105682873?utm_source=binance