As of March 11, close to $100 million. According to a deputy minister in Ukraine:

> “In a situation like this, where the national bank is not fully operating, crypto is helping to perform fast transfers, to make it very quick and get results almost immediately.”

NYTimes: https://archive.ph/3HVqU#

This is crypto’s second largest use case, behind as a means for illegal activities. Crypto is easier to send in extreme situations than fiat currencies.

> behind as a means for illegal activities

which are less than 1% of the yearly transaction volume according to Chainalysis lol

On top of that you can trace all the transactions on the chain and see where everything is going publicly. Useful to catch criminals attempting to liquidate on to an exchange. Good luck cashing out and not getting caught.

Monero fixed that a long time ago already.

That's right. Perhaps that's why proposed regulations are cracking down on banning and delisting Monero (and other privacy coins) on exchanges. [0] [1]

[0] https://www.coindesk.com/policy/2022/03/31/eu-parliament-vot...

[1] https://www.investing.com/news/cryptocurrency-news/kraken-to...

Would love to see them claim my Monero. Oh wait, I have no Monero, sorry about the confusion.

Right, because criminals are so easy to analyze

Not as easy as googling for a restaurant, but definitely doable with the right tools.