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The post Russia’s A7A5 stablecoin claims it can thrive post-sanctions, and the numbers are hard to ignore appeared on BitcoinEthereumNews.com. A stablecoin most people have never heard of has quietly become one of the largest non-dollar stablecoins on the planet. A7A5, a ruble-pegged token issued by a Kyrgyz company called Old Vector, has processed between $70 billion and $100 billion in on-chain transaction volume since launching in January 2025. A7A5 is backed by ruble deposits held at Promsvyazbank, a Russian bank that has been under Western sanctions for years. The token is issued by Old Vector, which operates under Kyrgyzstan’s digital asset regulatory framework, giving it a jurisdictional home that sits outside the direct reach of US and EU enforcement. The token primarily runs on Tron and Ethereum. Its circulating market cap sits above $500 million, making it the 21st-largest stablecoin globally. A7A5 accounts for approximately 15% of Russia’s cross-border monetary transactions.
Read full articleThe crypto payments company announced its launch in Colombia, becoming its ninth live market, as it prepares for a significant growth of crypto adoption in the country. The Colombian peso ranked second among centralized exchange stablecoin purchases, signaling growing demand for crypto payment methods. Oobit Launches Officially in Colombia While crypto is mainly viewed as […]
The proposal could enhance credit unions' competitiveness in digital finance but may strain smaller institutions' resources and compliance capabilities. The post National Credit Union Administration proposes stablecoin issuer standards appeared first on Crypto Briefing.
The escalation in drone warfare heightens geopolitical tensions, potentially leading to stricter sanctions and impacting global energy markets. The post Ukraine drone strikes kill four in Moscow’s largest attack in over a year appeared first on Crypto Briefing.
Recent on-chain data indicate the Binance exchange has registered a high volatility in stablecoin inflows in recent days. This observation can be linked to the general market’s choppiness during this period, driven by Bitcoin’s price movements. Pseudonymous reknown analyst Darkfost has shared some insights on this erratic flow in stablecoin flows and its potential implications. Related Reading: Bitcoin Struggles Below Resistance While Fibonacci Support Comes Into Focus Positive Stablecoin Flows Lack Structural Support – Here’s Why In a QuickTake post on May 16, Darkfost highlights recent developments in market liquidity amid the uncertainty shaping broader asset prices. Notably, stablecoin netflow on Binance surpassed $1.5 billion on May 14, signaling a surge in capital ready to enter the market. Tether’s USDT accounted for the majority of these flows, with the ERC20 USDT variant emerging as the most prevalent. In the days prior to May 14, Darkfost notes that Binance has been dominated
Cuba's drone acquisition from Russia and Iran heightens regional tensions, challenging US defense strategies and complicating geopolitical dynamics. The post Cuba acquires over 300 military drones from Russia and Iran, raising alarm over US bases appeared first on Crypto Briefing.
Binance stablecoin netflow flipped to over $1.5B positive on May 14, led by ERC20 USDT, reversing days of heavy outflows including a $1.3B bleed on May 12. Something shifted on Binance around May 14. It didn’t announce itself loudly. The chart just flipped green. Stablecoin netflows on the exchange topped $1.5 billion for the day, […] The post Binance Stablecoin Inflow Flips Positive After a $1.3B Outflow Week appeared first on Live Bitcoin News.
Russia's latent banking crisis could destabilize its economy by 2026, impacting global markets and challenging financial resilience strategies. The post Russia faces latent banking crisis as bad assets exceed 10% threshold appeared first on Crypto Briefing.
A7A5's success suggests sanctioned economies might adopt similar stablecoin models to bypass international financial restrictions. The post Russia’s A7A5 stablecoin claims it can thrive post-sanctions, and the numbers are hard to ignore appeared first on Crypto Briefing.
