🚨 Report: Russia-Linked A7A5 Stablecoin Processed $100B+ Before Sanctions

According to a new report from blockchain $SENT analytics firm Elliptic, the Russian ruble-backed stablecoin A7A5 has processed over $100 Billion in on-chain transactions in less than a year.

Key Takeaways from the Elliptic Report:

The USDT Bridge: The A7A5 token acted as a primary bridge for $FRAX users to enter USDT markets, bypassing traditional exchange controls.

1️⃣Rapid Growth: Reaching a $100B volume in under 12 months highlights the $GUN massive scale of activity linked to sanctioned Russian financial networks.

2️⃣Sanctions Impact: While the token's growth has been curbed by recent sanctions and stricter exchange controls, the sheer volume processed raises major concerns for global regulators.

3️⃣The Source: The token is issued by Kyrgyzstan-based company Old Vector, which has been linked to sanctioned Russian entities.

The rise of A7A5 demonstrates how stablecoins are increasingly being used in complex financial maneuvers to navigate global sanctions.

Should there be stricter global regulations on regional stablecoins to prevent such massive volumes from going unnoticed? 👇

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