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Russia linked A7A5 stablecoin processed $100B before sanctions hit: Elliptic Jan 22, 2026 Elliptic said the ruble backed A7A5 token functioned as a bridge into USDT markets before sanctions and ...

The expansion of A7A5 slowed noticeably around mid 2025. Elliptic notes that there have been no major issuances since July, and transaction volumes fell from peaks of around $1.5 billion to roughly $500 million. Robinson cited the August 2025 round of U.S. sanctions as a turning point, stating that liqudity provisions for USDT to A7A5’s decentralized exchange diminished sharply, eroding one ...

Russia linked A7A5 stablecoin processed $100B before sanctions hit: Elliptic A7A5’s $100 billion figure and its role as a USDT bridge Elliptic said the $100 billion figure represents the cumulative value of all A7A5 transfers recorded on public blockchains, including Ethereum and Tron.

Elliptic: ruble backed stablecoin A7A5 surpassed $100B in transactions in under a year, but demand cooled and daily volume fell from a peak of $1.5B to ~$500M Upworthy

Elliptic reports A7A5 stablecoin surpasses $100B in transactions, used to evade sanctions. Activity drops as US, UK, EU impose sanctions, exchanges freeze

TL;DR A7A5, a ruble backed stablecoin, processed more than $100B on chain in less than a year before facing multiple sanctions and blocklists. The token was launched in January 2025 by A7 LLC, operates on Ethereum and TRON, and functions as a bridge between rubles and USDT. After U.S. and EU sanctions, daily volume fell from over $1.5B to around $500M; roughly 42.5B tokens are now in ...

Elliptic: ruble backed stablecoin A7A5 surpassed $100B in transactions in under a year, but demand cooled and daily volume fell from a peak of $1.5B to ~$500M — The ruble backed stablecoin created to circumvent sanctions on Russia has surpassed $100 billion in transactions in less …

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