Russia’s Plan to Force the World to Use Rubles

This episode is sponsored by Nexo.io, Arculus and FTX US.

On this edition of the “Weekly Recap,” NLW looks at the latest news regarding Russia’s economy. Vladimir Putin is trying to leverage energy exports to prop up the ruble. But can he really make Europe and the rest of the world pay with rubles? And if he does, what are the implications for the U.S. dollar as a global reserve currency?

See also: EU Bans Providing High-Value Crypto Services to Russia

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: Manuel Augusto Moreno/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.