According to a VanEck report, China and Russia have begun using Bitcoin to settle energy deals. This decision reflects the countries’ desire to reduce dependence on the dollar systеm amid escalating trade conflicts caused by the Trump administration’s tariff policies. Bolivia also plans to purchase electricity with the cryptocurrency.
VanEck’s head of digital assets Matthew Siegel noted that the use of Bitcoin in trade settlements is becoming less speculative. French energy company EDF is looking at mining Bitcoin using surplus electricity exported to Germany. This underscores the shift toward digital assets in international trade.
Amid a weakening dollar, investors are keeping an eye on the market. Bitcoin’s reduced sensitivity to macroeconomic factors, increased liquidity and the shift to alternative payment systems are reinforcing the role of cryptocurrencies in the economy
Translated with DeepL.com (free version)
