A rouble-backed cryptocurrency called A7A5 has seen an explosive rise in usage, with total transfers now crossing $40 billion ...

Russian citizens are now able to purchase the rubble-pegged stablecoin A7A5 using the payment cards of a bank placed under ...

Russian defence sector lender Promsvyazbank and payments firm A7, both of which are under Western sanctions, announced the launch of the new Kyrgyzstan-based stablecoin A7A5 in January, promoting its ...

A rouble-pegged stablecoin, launched this year to facilitate Russia’s cross-border payments, has crossed $40 billion in ...

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

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 ...

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

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.

LONDON (AFP) — Russia could be turning to a new cryptocurrency called A7A5 to allow money to flow in and out of the country and avoid Western sanctions, experts have told AFP. Multiple rounds of ...

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 sovereign Stablecoin In Action Launched in early 2025, A7A5 is a ruble-pegged stablecoin issued by Kyrgyz fintech firm Old Vector under the country’s national digital asset framework.

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.