A rouble-backed stablecoin that could help Russia circumvent Western restrictions on payments has seen a jump in transaction volumes in July, with funds moved through the coin surging past $40 billion ...

Total exchange volumes have reached $8.5 billion, with 61% traded between A7A5 and rubles. The rest are trades between A7A5 ...

Launched in Kyrgyzstan, A7A5 has reportedly processed $41.2B in transaction volume, with a spike during this month, according ...

A Ruble-backed stablecoin tied to a Russian defense bank and a sanctioned payments firm has seen its usage spike sharply, with over $40 billion moved through ...

Russia could be turning to a new cryptocurrency called A7A5 to allow money to flow in and out of the country and avoid ...

Despite tightening financial rules and Western sanctions on its traditional banking sector, Kyrgyzstan is seeing a surge in ...

Russia evades sanctions using Kyrgyz crypto; TRM Labs links shell firms, stablecoins, and weak laws to illicit financial ...

A7A5 and Grinex appear to have emerged and grown in the wake of the collapse of another major Russian shadow payments system. Garantex, Russia’s largest crypto exchange, was taken down by US law ...

A7A5, a stablecoin pegged to the Russian ruble, has processed over $9.3 billion in transactions on Grinex, a crypto exchange widely viewed as the successor to the sanctioned platform Garantex.

A7A5: The Solution The launch of A7A5, followed by its listing on both CEX and DEX, marks the first step in expanding the range of tools available to crypto investors, including: ...

A rouble-backed stablecoin that could help Russia circumvent Western restrictions on payments has seen a jump in transaction ...

The A7A5 token is now available for trading on the regulated exchange Meer Exchange and is expected to be listed on decentralized platforms in the future. Its fiat backing is stored in bank ...