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🇷🇺 Russia and its ghost stablecoin: 9 billion without making noise
The Russian stablecoin A7A5, backed by a sanctioned bank, has moved over 9 billion dollars in just 4 months, according to Financial Times (25/06/2025).
Although it is presented as "an alternative to the SWIFT system", many analysts believe that its true use is to evade international sanctions.
Financial innovation?
Or simply a more elegant way to move shadow capital?
While the world debates CBDCs and regulation, Russia has already found its own "crypto solution"...
And no one saw it coming.
