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Russia leverages ruble-backed stablecoin A7A5 to move over $100 billion beyond Western sanctions
Russia’s use of cryptocurrency to bypass Western sanctions has taken a dramatic turn with a ruble-pegged stablecoin called A7A5. This digital currency has processed over $100 billion in transactions ...
The rise of the Russian ruble in 2025 was far from a minor financial detail. Against all expectations—amid strict sanctions, the ongoing Russian-Ukrainian war, and falling oil revenues—the ruble ...
The digital ruble will roll out nationwide on September 1. Muscovites can also top up transport cards using central bank ...
Elliptic says the ruble-pegged A7A5 processed nearly 250,000 onchain transactions, demonstrating how stablecoins facilitate ...
The concept of a Russian ruble stablecoin received special attention at a major local crypto event, the Blockchain Forum in Moscow, with key industry executives reflecting on some of the core features ...
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