Sberbank to Accept Ether and USDT as Collateral for Crypto-Backed Loans
Source Summary
Sberbank plans to add ether (ETH) and USDT as collateral options for crypto-backed loans. The Bank of Russia recently included both cryptocurrencies in a draft list of digital assets approved for public trading on Russian exchanges.
Why it matters
The move expands collateral options for crypto-backed lending in Russia and reflects regulatory approval of major stablecoins and Ethereum for institutional use.
