Sanctions-Defying Ruble-Backed Stablecoin Explodes to $500M – Is This Russia's Answer to the Dollar?
Cryptonews🔴 negative
Sanctions-Defying Ruble-Backed Stablecoin Explodes to $500M – Is This Russia's Answer to the Dollar?
• Cryptonews🔴 negative
Stablecoin A7A5, pegged to the Ruble, has reached a $500M market cap and about 43% of the non-dollar segment. EU penalties are prepared as Elliptic and TRM Labs have reported $1B-plus daily flows and links to sanctioned entities and cross-border trade.
Article Details
Source
Cryptonews
Published
October 6, 2025 at 08:38 PM
Sentiment
🔴 negative
Type
Article
Category
bitcoin
Topics
Market
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