Russia-Linked Stablecoin A7A5 Moves $9.3B in Four Months
A stablecoin pegged to the Russian ruble has quietly processed more than $9.3 billion in transactions just four months after its launch, according to a Financial Times investigation. The digital asset, named A7A5, debuted in February 2025 in Kyrgyzstan and is marketed as the first ruble-backed stablecoin designed for cross-border ...