Ukrainians are paying a premium of up to USD 0.11 on the dollar-pegged stablecoin tether (USDT) as trading volumes on local crypto exchanges have escalated quickly.
Per data from the Ukrainian crypto exchange Kuna, which claims that nine out of 10 of its users are Ukraine-based, some USD 773,000 worth of USDT has been traded on the platform in the past 24 hours – as Ukrainians attempt to convert their cash holdings to digital coins….
Read More: Ukrainians Paying Tether Premiums as Some Desperate Citizens Ditch Fiat for Crypto
