A Ruble-backed stablecoin tied to a Russian defense bank and a sanctioned payments firm has seen its usage spike sharply, with over $40 billion moved through ...

Despite tightening financial rules and Western sanctions on its traditional banking sector, Kyrgyzstan is seeing a surge in ...

Launched in Kyrgyzstan, A7A5 has reportedly processed $41.2B in transaction volume, with a spike during this month, according ...

A rouble-backed stablecoin that could help Russia circumvent Western restrictions on payments has seen a jump in transaction ...

Russia could be turning to a new cryptocurrency called A7A5 to allow money to flow in and out of the country and avoid ...

A new ruble-backed cryptocurrency called A7A5 has been making headlines after it processed more than $40 billion in transfers, according to blockch ...

STORY: From another step on the road to formal crypto regulation to the rouble-backed stablecoin that could be helping Russia ...

A stablecoin, A7A5 enables cross-border payments that most Russian banks cannot offer. Reuters could not independently determine the source of funds in A7A5 or the reasons for the transfers.

A7A5 and Grinex appear to have emerged and grown in the wake of the collapse of another major Russian shadow payments system. Garantex, Russia’s largest crypto exchange, was taken down by US law ...

A7A5, a new stablecoin backed by the Russian ruble, has reportedly been involved in $9.3 billion worth of transactions with Grinex, which denies any ties to the sanctioned exchange Garantex.

A7A5, a stablecoin pegged to the Russian ruble, has processed over $9.3 billion in transactions on Grinex, a crypto exchange widely viewed as the successor to the sanctioned platform Garantex.

A7A5: The Solution The launch of A7A5, followed by its listing on both CEX and DEX, marks the first step in expanding the range of tools available to crypto investors, including: ...