Daily Transactions of A7A5 Ruble Stablecoin Surpass $1 Billion
In the realm of digital currencies, a new player has emerged as a significant instrument for cross-border transfers and potential sanctions evasion – the Ruble-backed stablecoin A7A5. This stablecoin, linked to the Russian state-owned bank Promsvyazbank and a sanctioned entity, has facilitated over $1 billion in daily transfers and bypassed traditional banking systems like SWIFT.
A7A5: A Sanctioned Origin and Growing Demand
Launched by A7 LLC, a company owned by Promsvyazbank, a sanctioned Russian defense bank, and a payments firm barred by Western sanctions, A7A5 ties itself to entities seeking alternative financial channels [1][2][4]. The growing demand for A7A5 as a SWIFT alternative provides Russian businesses a way to settle cross-border trades, especially with China and Central Asia, without relying on conventional systems closed off due to sanctions since 2022 [2].
Market Statistics and Rapid Adoption
As of late July 2025, the market statistics for A7A5 show a rapid adoption and increasing scale of transactions. Daily transfer volumes exceed $1 billion, total transfers to date are approximately $41-42 billion, and the market capitalization stands at about $521 million (tripled in less than two weeks) [1][2][3]. The total exchange volume has surpassed $8.5 billion, with a supply growth of +240% in the past two weeks, making the supply roughly $501 million in value [1][3].
Liquidity and Accessibility
The stablecoin is available on Ethereum and TRON blockchains and tradeable via multiple decentralized (Curve, Uniswap) and centralized exchanges (Meer, Grinex, Bitpapa), as well as over-the-counter desks. Its issuer has injected over $1.3 billion in USDT liquidity to improve exchange capacity, enhancing fungibility and use for payments [1][3].
A7A5: A Potent Tool for Circumventing Financial Restrictions
In summary, A7A5 serves as a potent tool in circumventing financial restrictions, leveraging blockchain technology, state-backed financial resources, and increasing liquidity to facilitate billions in transfers outside traditional regulated systems [1][2][3][4].
A7A5 can be exchanged for fiat currency and other cryptocurrencies on various venues, including centralized exchanges Meer and Grinex, peer-to-peer exchange Bitpapa, decentralized exchanges Curve, Uniswap, and A7A5's own DEXs, and cryptocurrency OTC brokers. Approximately 61% of A7A5 exchange volumes have been trading between A7A5 and Rubles, with the remainder between A7A5 and USDT.
The growth in access, market capitalization, transactional activity, and USDT exchange liquidity is making A7A5 an increasingly effective tool for Russian businesses and individuals seeking to make cross-border payments and avoid sanctions by bypassing the traditional financial system. However, this presents a challenge to international sanctions efforts.
[1] [Source 1] [2] [Source 2] [3] [Source 3] [4] [Source 4]
- The sanctioned Russian defense bank, Promsvyazbank, has launched A7A5, a growing demand stablecoin that serves as a SWIFT alternative, allowing Russian businesses to settle cross-border trades and bypass traditional systems.
- With daily transfer volumes exceeding $1 billion, A7A5 has a total exchange volume of over $8.5 billion and a market capitalization of around $521 million, making it an increasingly effective tool for circumventing financial restrictions.
- A7A5 can be exchanged on various platforms, including decentralized exchanges like Curve and Uniswap, centralized exchanges like Meer and Grinex, and over-the-counter desks, with approximately 61% of exchange volumes trading between A7A5 and Rubles.
