Home Cryptocurrency Russian ruble-backed stablecoin A7A5 moves $9.3B in four months: report

Russian ruble-backed stablecoin A7A5 moves $9.3B in four months: report

Russia’s efforts to build alternative payment systems outside Western financial rails may be gaining traction through a new ruble-pegged crypto asset. Per a June 25 report by the Financial Times, a stablecoin with ties to Russia has quietly processed over…

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