Russia-Linked A7A5 Stablecoin Processed $100 BN Before Sanctions, Elliptic Finds

Newsroom desk with a laptop displaying a blockchain ledger, ruble symbol, USDT bridge icons, and a red sanctions sign.

Elliptic says A7A5, a ruble-pegged stablecoin linked to A7 LLC and supported by sanctioned Promsvyazbank, moved more than $100 billion in on-chain transfers within its first year. The scale matters because the activity built quickly before coordinated Western sanctions hit the token’s liquidity and market access.