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Tag: Russia

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Russia’s A7A5 Stablecoin Moved $100 Billion Before Global Crackdown: Elliptic
A little token that few people had heard of a year ago has become a big mover of money. Reports say the A7A5 stablecoin, launched as a rouble-linked coin, has processed the equivalent of $100 billion in transfers since it… Read full article
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Why the Russia-Linked Stablecoin A7A5 Is in Trouble Now
Regulators and blockchain investigators have stepped up action against A7A5, a Russia-linked stablecoin designed to move money around sanctions. Trading in similar rouble-backed tokens slowed as exchanges tightened checks, while major dollar stablecoins like USDT continued to trade normally. All… Read full article
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Russia-linked A7A5 stablecoin processed $100B before sanctions hit: Elliptic
Elliptic says the ruble-backed A7A5 token functioned as a bridge into USDT markets before sanctions and exchange controls curbed its growth. Read full article
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