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Sanctioned A7A5 becomes largest non-US dollar stablecoin: Data

Despite sanctions and scrutiny, the ruble-backed A7A5 stablecoin surged 250% in a day to reach a $500 million market cap, overtaking all non-US dollar rivals.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Sanctioned A7A5 becomes largest non-US dollar stablecoin: Data

Despite sanctions and scrutiny, the ruble-backed A7A5 stablecoin surged 250% in a day to reach a $500 million market cap, overtaking all non-US dollar rivals.

Why this matters

This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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