The European Union is exploring restrictions on A7A5, a ruble-backed stablecoin that has become the world’s largest non-U.S. dollar-pegged digital asset. The proposed ban would prohibit EU institutions […]
A7A5 Surpasses $500 Million Market Cap, Becomes World’s Largest Non-USD Stablecoin Despite Sanctions
Despite facing numerous sanctions, A7A5, a Russian ruble-backed stablecoin issued in Kyrgyzstan, has soared to become the world’s largest non-US dollar stablecoin. With a market capitalization of nearly […]