Russia’s Ruble-Backed A7A5 Stablecoin Moves $6B Despite U.S. Crackdown
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最新报道：Russia's ruble-backed A7A5 stablecoin has processed over $6 billion in cross-border transactions despite U.S. sanctions, with its market cap reaching ₽41 billion ($500 million). The token, officially recognized as Russia's first Digital Financial Asset, is backed by state-owned Promsvyazbank and operates on Tron and Ethereum blockchains. After U.S. sanctions targeted the Grinex exchange, operators destroyed 80% of supply linked to sanctioned wallets and reissued tokens to new addresses. The stablecoin continues operating mainly during Moscow business hours, highlighting Russia's push to use blockchain for bypassing Western financial restrictions.
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