Russia-linked ruble-backed stablecoin A7A5 surpasses $100 billion in transactions within a year despite sanctions; 250,000 trades across Ethereum and Tron networks by 41,300 accounts.

Russia-Linked Stablecoin’s Transactions Top $100 Billion in Year

January 22, 2026 at 7:45 PM UTCThe ruble-backed stablecoin created to circumvent sanctions on Russia has surpassed $100 billion in transactions in less than a year since its launch — even as the token itself faces ongoing restrictions.Trading volumes for A7A5, which is issued on Ethereum and Tron crypto networks, have reached $17.3 billion, with nearly 250,000 transactions made by 41,300 distinct accounts, according to blockchain analytics firm Elliptic....