Russian ruble stablecoin A7A5 grows despite Western sanctions: CertiK

Russian Ruble Stablecoin Kept Growing Despite Western Sanctions: CertiK - Invest In Crypto News

The Russian ruble-backed A7A5 stablecoin continued to grow despite Western sanctions, processing more than $110 billion in cumulative onchain transactions, according to CertiK. CertiK said A7A5 captured about 43% of the global non-US dollar stablecoin market, and that its holder count rose from 13,000 to 29,000 wallets between February 2025 and May 2026. The security company described A7A5 as one of the clearest examples of a sanctions-evasion s…

A7A5 Stablecoin Keeps Growing, Moving $110B Even Under Sanctions: CertiK

TL;DR: A7A5 processed more than $110 billion in cumulative onchain transactions, capturing about 43% of the global non-US dollar stablecoin market. Holder wallets rose from 13,000 to 29,000 between February 2025 and May 2026, despite EU sanctions prohibiting transactions involving A7A5. CertiK said its reserves, developer-controlled freeze functions and DeFi distribution through Curve and Uniswap make Western enforcement difficult without contr…

A7A5 ruble stablecoin grows amid Western sanctions, CertiK finds

The ruble-backed stablecoin A7A5 has continued to expand despite Western sanctions, processing more than $110 billion in cumulative on-chain transactions, according to CertiK. Issued by Old Vector LLC in Kyrgyzstan on behalf of Russia’s cross-border settlement firm A7 LLC, the token now accounts for roughly 43% of the global non-dollar stablecoin market, with its holder base growing from about 13,000 wallets in February 2025 to 29,000 by May 202…

Russian ruble stablecoin A7A5 grows despite Western sanctions: CertiK

Russian ruble-backed stablecoin A7A5 processed over $110 billion in transactions despite Western sanctions, according to CertiK.

Sanctioned Russian stablecoin processed $110b and captured 43% of non-USD market in under a year, reports Skynet

A new threat intelligence report from Skynet, shared with Finbold on June 3, 2026, has identified two converging risks reshaping the stablecoin security landscape in 2026: a surge in sophisticated attacks on cross-chain bridge and custody infrastructure, and the rapid expansion of A7A5, a Russian-ruble-backed stablecoin built by sanctioned actors to circumvent Western enforcement.  Bridge attacks and wallet compromise account for majority of 202…