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Alpha Points
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Futures Points
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VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
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GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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The volume of the Ruble stablecoin A7A5 reached 9.3 billion USD, with hidden risks of sanction evasion behind it.
[Coin World] The stablecoin A7A5 backed by the Russian ruble has completed approximately 9.3 billion USD in transactions through a certain platform since its launch in Kyrgyzstan in February of this year, with a market capitalization of 151 million USD. A7A5 claims to be 1:1 backed by the sanctioned Moscow Promsvyazbank. Although the platform denies any direct association with the sanctioned exchange, analysis shows that there may be a business connection between the two.