Source: CryptoNewsNet
Original Title: A ruble stablecoin outpaced market leaders last year despite international sanctions
Original Link:
A ruble-denominated stablecoin outpaced the biggest dollar-pegged tokens last year, adding almost $90 billion in circulating supply even though its backers are sanctioned by Western governments.
The token, A7A5, was introduced in January 2025 by A7 LLC, a cross-border payments firm linked to Russia’s state-owned Promsvyazbank and Moldovan businessman Ilan Shor, who has also been convicted in a $1 billion bank fraud case.
Issued through a Kyrgyz entity and circulating on the Tron and Ethereum blockchains, A7A5 is used to facilitate cross-border payments for Russian users facing banking restrictions, while also providing a route into market leader USDT liquidity through decentralized finance (DeFi) protocols without holding dollar stablecoins directly.
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token_therapist
· 11h ago
Even under sanctions, it's still possible to turn the tables. This Ruble stablecoin is really fierce.
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NFTArchaeologist
· 14h ago
Will the Ruble stablecoin overthrow USDT? It continues to grow wildly under sanctions, this move is truly brilliant.
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ValidatorViking
· 01-09 10:52
ngl, sanctions doing nothing to stop the ruble stablecoin surge is kinda wild... network resilience hitting different when you're battle-tested against actual pressure, yeah? $90B liquidity doesn't just materialize without solid validator infrastructure backing it up. protocol economics > geopolitics apparently
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FOMOrektGuy
· 01-09 10:52
Ruble stablecoin turns the tide against the headwinds? This move is a bit bold, sanctions can't stop it...
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LucidSleepwalker
· 01-09 10:49
Why is the Ruble stablecoin so powerful? Even under sanctions, it can turn the tide. Impressive.
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The US dollar stablecoin is about to shake. This is getting interesting.
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90 billion in circulation, sanctions actually accelerated growth? Talk about a slap in the face.
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Wait, supporters who are sanctioned can still achieve this scale? The underlying logic must be really solid.
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Isn't this just another form of decentralization? The more they ban, the more it grows wildly.
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The Ruble stablecoin surpassing USDT? Why not say so earlier? How many opportunities were missed?
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Sanctions = Growth Accelerator. This irony is quite extreme.
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SoliditySurvivor
· 01-09 10:35
Can the ruble stablecoin withstand sanctions and even surpass? This script is quite interesting.
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mev_me_maybe
· 01-09 10:25
The move with the ruble stablecoin is brilliant; even under sanctions, it can still surpass... This is the power of de-dollarization.
A ruble stablecoin outpaced market leaders last year despite international sanctions
Source: CryptoNewsNet Original Title: A ruble stablecoin outpaced market leaders last year despite international sanctions Original Link: A ruble-denominated stablecoin outpaced the biggest dollar-pegged tokens last year, adding almost $90 billion in circulating supply even though its backers are sanctioned by Western governments.
The token, A7A5, was introduced in January 2025 by A7 LLC, a cross-border payments firm linked to Russia’s state-owned Promsvyazbank and Moldovan businessman Ilan Shor, who has also been convicted in a $1 billion bank fraud case.
Issued through a Kyrgyz entity and circulating on the Tron and Ethereum blockchains, A7A5 is used to facilitate cross-border payments for Russian users facing banking restrictions, while also providing a route into market leader USDT liquidity through decentralized finance (DeFi) protocols without holding dollar stablecoins directly.