The central bank of Russia has In a report found that companies are increasingly Bitcoin (BTC) and others Cryptocurrencies use for transactions. According to the governor Elvira Nabiullina, both companies and government agencies have developed alternative payment channels. In international trade, this channels can be paid for with cryptocurrencies. This development seems to be a direct reaction to the US sanctions.
A clear example is the energy market: the trade between Russia and China is increasingly handled in Bitcoin. The two countries are preparing for a parallel financial system that works regardless of traditional networks such as Swift and the US dollar.
Trade wars strengthen interest in crypto
Matthew SigelHead of the department Digital Assets Research At Vaneck, writes that the American import duties on products from China and the EU have tightened the trade voltages again-even if the tariffs were temporarily exposed to all countries except China. As a result, the demand for independent and neutral assets is growing like Bitcoin. One of the reasons for this is the strong performance of Bitcoin compared to the Nasdaq – both in the past week and over the past ten years.
Geopolitical tensions can lead to slower economic development, which could initially be negative for BTC, but the monetary policy reaction to this could have a positive effect. Under certain circumstances, the US Federal Reserve (FED) could be forced to reduce interest rates. In such an environment, Bitcoin often shows strong performance.
Bitcoin is developing into a monetary instrument
Interest in Bitcoin as a neutral Asset And payment methods are confirmed by more and more practical examples. Russia and China use Bitcoin for energy import. Bolivia also thinks of processing energy imports with cryptocurrencies.
In addition, the French energy group EDFwhether excess electricity can be used for Bitcoin mining instead of export to Germany. Similar considerations are also available in Pakistanwhere excess energy is to be used for mining and the operation of AI data centers.
A more well -known example is El Salvador. There Bitcoin was introduced as a legal means of payment in 2021. This enables the country to handle international trade transactions in Bitcoin. Also Iran uses geminte Bitcoins for international transactions – despite existing sanctions against the country. These examples show that states try to reduce their dependence on the US dollar. At the same time, they clarify that Bitcoin is increasingly developing from a speculative asset to a functional monetary instrument.