Moscow Exchange Sets December 1 for Dollar-Backed USDT, Bitcoin and Ethereum Trading
Key Takeaways
- •Moscow Exchange has set December 1 as the target date to begin trading Tether's USDT stablecoin alongside Bitcoin and Ethereum.
- •The planned offering is intended to give Russian investors access to these digital assets through MOEX's regulated trading market.
- •The listing lineup would combine Bitcoin and Ethereum, the two largest cryptocurrencies by market capitalization, with USDT, the largest dollar-tracking stablecoin.
- •MOEX operates Russia's principal exchange platform, which currently spans equities, bonds, derivatives, and foreign currency markets.
- •The exchange has characterized December 1 as a target rather than a confirmed launch, leaving schedule adherence and further operational details to be confirmed.

Moscow Exchange (MOEX) has set December 1 as the target date for the launch of trading in dollar-backed Tether (USDT) alongside Bitcoin and Ethereum, a move intended to give Russian investors access to the assets through the exchange's regulated market, according to a statement dated Saturday, October 31, 2026.
The announcement centers on USDT, the stablecoin issued by Tether. USDT's price holds near one US dollar because the issuer maintains reserves against every token issued, and that dollar-backed structure is precisely what MOEX now intends to open to Russian investors through its regulated trading environment.
For context, USDT is the largest stablecoin by market capitalization and is designed to track the value of the US dollar, with reserve assets held behind each token in circulation. Bitcoin and Ethereum, the two assets set to trade alongside USDT, are the largest cryptocurrencies by market capitalization. MOEX, for its part, operates Russia's principal exchange platform, spanning equities, bonds, derivatives, and foreign currency markets.
That lineup is central to what the listing means in practice: the two largest cryptocurrencies by market capitalization, together with the largest dollar-tracking stablecoin, would be quoted on the same platform Russian investors already use for equities, bonds, derivatives, and foreign currency, bringing digital assets into an established, regulated exchange environment.
The December 1 date is framed as a target rather than a confirmed go-live, so the markers to watch as the launch approaches are whether trading opens on schedule and what additional operational details MOEX confirms about the new market.
This content was first published on COINOTAG: https://en.coinotag.com/moscow-exchange-usdt-bitcoin-ethereum-trading-december-1