The answer is:
- The Soviet Union dissolved.
- The Commonwealth of Independent States was formed.
- Former Soviet republics declared their independence.
After the coup , areas that previously part of the soviet Union formed their own countries. (there are around 15 of them in total).
Since they're not used in regulating their own economy, the formed the commonwealth of independent states to help them adjust. These independents marked the end of cold war between united states and the soviet Union.