- China and Russia are settling energy trades using Bitcoin, bypassing the U.S. dollar.
- Bitcoin is becoming a key tool for de-dollarization in global energy transactions.
- Bolivia and EDF are exploring Bitcoin for energy imports and surplus electricity mining.
Bitcoin has recently enabled China and Russia to perform specific energy transactions independent of the U.S. dollar financial system. The adoption of Bitcoin for trade settlements represents a major step toward de-dollarization as a response to strengthening global economic tensions and reformations in international decisions.
Matthew Sigel from investment firm VanEck identifies Bitcoin trade settlement as a measurable reality rather than merely theoretical speculation. The adoption of Bitcoin now serves as a practical answer to international trade operations.
Sigel’s recent report highlights the increasing use of digital assets like Bitcoin in cross-border commerce, particularly in energy markets. China and Russia choosing Bitcoin as an energy product would be part of an overarching trend where countries are trying to move away from Western-controlled financial systems.
Bitcoin as a Solution for De-dollarization and Economic Instability
China’s and Russia’s recent maneuvers stand out during rising economic conflicts. Aggressive American tariff measures have prompted multiple countries to search for alternative currencies beyond the U.S. dollar for their international trade operations.
Users choose Bitcoin to solve global economic volatility and establish control over their financial resources. Bolivia joins China and Russia as countries planning to import electricity through cryptocurrency, demonstrating an increasing desire to use digital assets to bypass traditional financial systems.
The VanEck report investigates the role Bitcoin plays as a protective measure against economic instabilities. Bitcoin functions as a safe value base substitute because inflation and geopolitical events threaten traditional currency systems including the U.S. dollar. According to Sigel increasing Bitcoin usage in global commerce strengthens its position as a secure financial asset because central banks worldwide face growing pressure from inflation and economic instability.
Related: Hayes Says—Bitcoin Holders Must ‘Learn to Love Tariffs’
Global Shift Toward Cryptocurrency and Energy Market Integration
Following an emerging digital asset trend in energy market settlements, China and Russia have started using Bitcoin to settle their energy transactions. The French utility company EDF has adopted Bitcoin mining as a profit strategy to benefit from unused power exported to Germany.
This innovative use of excess power to mine Bitcoin further underscores the growing role of digital currencies in global commerce. The trend signals that Bitcoin is evolving beyond speculation, with real-world applications in energy-related industries.
These new developments show the increasing global trend toward de-dollarization as countries seek to lower their dependence on the U.S. dollar in international financial deals. Bitcoin’s decentralized nature attracts countries seeking financial independence because the U.S. dollar suffers from declining value and increased scrutiny.
