A7A5 Becomes Top Non-Dollar Stablecoin Amid Sanctions
Oct 6, 2025 · A7A5, a Russian ruble-backed stablecoin issued in Kyrgyzstan, has emerged as the largest non-US dollar stablecoin despite facing multiple sanctions.
The rise of A7A5: the Ruble stablecoin now transfers $1 ...
Jul 28, 2025 · A7A5 is a Ruble-backed stablecoin, linked to a sanctions evasion scheme established by a company owned by a Russian state-owned bank, and a Moldovan fugitive who was sanctioned for …
In January 2025, A7 and PSB announced the launch of a cryptocurrency called A7A5 in Kyrgyzstan. The cryptocurrency is promoted as the world’s first stablecoin pegged to the Russian rouble and …
Russian Stablecoin A7A5 Sees $1 Billion Daily Transfers ... - MSN
As sanctions bite deeper into Russia’s economy, digital alternatives like A7A5 have become vital tools for trade. The stablecoin allows Russian firms to settle cross-border payments, especially...
Kyrgyz cryptocurrency allegedly used by Russia to circumvent ...
Jun 25, 2025 · A7A5: Circumventing sanctions with stablecoin cryptocurrency, 25 June 2025. A7 is a Russian company, majority owned by Ilan Shor, a Moldovan political figure and businessman. Shor …
How A7A5 and Grinex Enable The Russian Shadow Crypto Economy
Aug 14, 2025 · A7A5 is a Russian ruble-backed token issued by the Kyrgyzstani company Old Vector, which was sanctioned today. It is backed by deposits at sanctioned Russian bank Promsvyazbank …
Kremlin-backed crypto A7A5 moves $6 billion despite U.S ...
Oct 6, 2025 · Kremlin-backed cryptocurrency A7A5 has moved over $6 billion despite US sanctions. The coin uses a clever wallet reset method, backed by Promsvyazbank and registered in Kyrgyzstan, …