Ukraine Officials Embrace Crypto: Tether Leads Stablecoin Dominance

A growing number of Ukrainian officials are investing in cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), while the U.S.-dollar pegged stablecoin Tether (USDT) is proving popular among those possessing digital assets. Declarations by government employees regarding cryptocurrency holdings have more than doubled since Russia’s full-scale invasion three years ago, according to a new study, with filings showing a significant surge in 2024 compared to the previous year.