This sanctioned Russian stablecoin claims it processes billions, but blockchain analysts disagree
CoinDesk·

60-second summary
A7A5, a Russian stablecoin, claims to process billions of rubles in transactions, contradicting data from crypto providers that allegedly underestimate its trading activity. However, blockchain analytics firms argue that the token's volumes have plummeted sharply this year, raising questions about the accuracy of A7A5's claims and its true market presence.
A7A5 claims crypto data providers understate its trading activity, while blockchain analytics firms say the ruble-backed token's volumes have fallen sharply this year.