Russia’s A7A5 stablecoin claims it can thrive post-sanctions, and the numbers are hard to ignore
Russia's A7A5 stablecoin, pegged to the ruble, has processed between $70 billion and $100 billion in on-chain volume since its January 2025 launch. Issued by Kyrgyz company Old Vector and backed by deposits at sanctioned Russian bank Promsvyazbank, it operates outside direct US and EU jurisdiction. The stablecoin is emerging as a key instrument in Russia's strategy to reduce reliance on the US dollar.
- ▪A7A5 is a ruble-pegged stablecoin that has processed $70 billion to $100 billion in on-chain transaction volume since January 2025.
- ▪The stablecoin is issued by Old Vector, a company operating under Kyrgyzstan’s digital asset regulations.
- ▪A7A5 is backed by ruble deposits held at Promsvyazbank, a Russian bank under Western sanctions.
- ▪The token primarily operates on the Tron and Ethereum blockchains.
- ▪A7A5 is positioned as a cornerstone of Russia's de-dollarization efforts.
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<img src="https://static.cryptobriefing.com/wp-content/uploads/2026/05/17073558/bne-intellinews-cryptocurrency-a7a5-powers-a-major-sanctions-1-800x420.jpeg" alt="Russia’s A7A5 stablecoin claims it can thrive post-sanctions, and the numbers are hard to ignore" class="w-full aspect-[19/10] object-cover" /> Russia’s A7A5 stablecoin claims it can thrive post-sanctions, and the numbers are hard to ignore The ruble-pegged stablecoin has processed up to $100B in on-chain volume in its first year, positioning itself as a cornerstone of Russia's de-dollarization playbook. Share Add us on Google by Editorial Team May. 17, 2026 A stablecoin most people have never heard of has quietly become one of the largest non-dollar stablecoins on the planet.
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