Ruble stablecoin A7A5 sees $179.1B in transactions despite US, EU and UK sanctions
- —FinCEN: over 180 institutions processed at least $179.1B in A7A5 from February 2025 to June 2026
- —The US sanctioned issuer Old Vector in August 2025 and the A7 Network on October 1, 2026
- —The EU banned A7A5 transactions within the bloc; the UK sanctioned A7 Network in May 2026
- —Elliptic says A7A5 activity declined after sanctions as exchange access narrowed
Why it matters: Sanctions on the largest ruble stablecoin curb sanctions-evasion channels but have not halted its turnover entirely.
Source: TokenPost