Morning Edition · Saturday, July 4, 2026
Sanctioned Russian Stablecoin Claims Billions in Volume That Analysts Dispute
The ruble-backed A7A5 token says data providers understate its activity, while blockchain analytics firms say its volumes have fallen sharply this year.

A7A5, a ruble-backed stablecoin subject to sanctions, says it processes billions of dollars in transactions and that mainstream crypto data providers understate its activity, CoinDesk reported. Blockchain analytics firms counter that the to…
Continue the Crypto Intelligence Brief
Track on-chain flows, protocol shifts, stablecoins, and regulation.
- 5 crypto intelligence signals a day
- Tracked crypto trends, day over day
- Stablecoin and regulatory movement
- Source-grounded analysis with confidence labels
The Global Intelligence Brief stays free.
Part of a tracked trend
Sanctioned States Build Alternative Stablecoin Rails
Sanctioned economies will keep launching local-currency stablecoins to settle cross-border trade outside the dollar system, and their claimed volumes will remain contested between issuers and analytics firms.
More from this edition
- Bitcoin's BIP-110 Data Fight Nears an August Deadline With Almost No Miners Behind It
- Privacy Chains Reframe Confidentiality as a Requirement, Not a Feature
- Blockstream Proposes a Post-Quantum Opcode as Bitcoin Weighs Long-Term Key Risk
- A Month of Key Thefts and a Silent Bridge Drain Keep DeFi Losses Elevated
- Revolut Will Drop Tether's USDT for European Users as MiCA Rules Bite
- Ethereum Researchers Push to Measure Client Diversity and Speed Up Proving
- DZ Bank Opens Crypto Trading to Germany's Cooperative Banking Customers
- Moonbeam Abandons Polkadot and Moves Its Token to Ethereum's Base Network
- UK Digital-Pound Fight Turns Into a Test of Crypto's Political Influence
- Bitcoin ETFs Snap a 10-Day Outflow Run as Whales Absorb Institutional Selling
- Crypto Exchanges Sell Tokenized Stocks and Options, but Ownership Is Murkier Than It Looks