OREANDA-NEWS The USDT stablecoin, pegged to the US dollar, has actually created a financial system beyond Washington's control and helps countries circumvent US sanctions. This was reported to the Prime agency by the head of the Digital Economy program at the RUDN Faculty of Economics, Sofia Glavina.

According to her, USDT is used to circumvent sanctions and restrictions in international trade, as well as to ensure the security of operations. The economist noted that in this case we are talking about a decentralized financial system beyond the control of the United States, copying the functions of the dollar.

"It is interesting that metallurgical holdings, judging by indirect data, use USDT for payments with China, where since 2021 the entire crypt has been outlawed, including stablecoins," Glavina stressed.

Earlier, US Deputy Treasury Secretary Adewale Adeyemo accused Russia of circumventing sanctions through cryptocurrencies. According to him, against this background, it is necessary to introduce restrictions against suppliers of digital assets.