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A rouble-backed cryptocurrency called A7A5 has seen an explosive rise in usage, with total transfers now crossing $40 billion ...
A rouble-pegged stablecoin, launched this year to facilitate Russia’s cross-border payments, has crossed $40 billion in ...
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 ...
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 ...
Launched in Kyrgyzstan, A7A5 has reportedly processed $41.2B in transaction volume, with a spike during this month, according ...
Despite tightening financial rules and Western sanctions on its traditional banking sector, Kyrgyzstan is seeing a surge in ...
Russian individuals and groups are using Kyrgyzstan’s cryptocurrency ecosystem to evade international sanctions, according to ...
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: ...
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.
A stablecoin, A7A5 enables cross-border payments that most Russian banks cannot offer. Reuters could not independently determine the source of funds in A7A5 or the reasons for the transfers.
A7A5 is designed for investors who are ready to leverage next-generation technologies to achieve higher returns, given the limited alternatives in the world of traditional finance.