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Sanctioned Russian Stablecoin A7A5 Claims Billions in Volume, Contradicted by Analysts
Sanctioned Russian stablecoin A7A5 claims billions in trading, but blockchain analysts report sharply fallen volumes this year.

Sanctioned Russian stablecoin A7A5 claims billions in trading, but blockchain analysts report sharply fallen volumes this year.

A British teenager has been sanctioned by Russia for his report alleging a ruble-pegged stablecoin was used to bypass international financial restrictions.

Russia has sanctioned a British teenager following claims that the A7A5 stablecoin, designed to bypass sanctions, was used to fund the Ukraine war.

Despite Western sanctions, the Russian ruble-backed stablecoin A7A5 has processed over $110 billion in transactions, CertiK reports.