🔥 Shadow Ruble A7A5: $9.3 billion bypassing sanctions in a month?
💭 Over the course of a month, $9.3 billion has flowed through the new stablecoin A7A5. It operates on the Grinex exchange (#Киргизия ), is pegged to the ruble, and is backed by Promsvyazbank (under sanctions).
It seems this is not just a token — it is an alternative to SWIFT for its own. Essentially, a shadow ruble on the blockchain.
🧠 So far, this story is not for investments — rather, it is an indicator of how businesses are evading control and building their payment channels. It will be interesting to see how quickly this starts to be “cleaned up” by regulators.