Russian ruble stablecoin A7A5 tied to Garantex successor: FT
With a $151 million market cap, A7A5 has reportedly been involved in $9.3 billion of transactions with Grinex, the supposed successor to the sanctioned Garantex exchange.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
With a $151 million market cap, A7A5 has reportedly been involved in $9.3 billion of transactions with Grinex, the supposed successor to the sanctioned Garantex exchange.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
3-year-old bug triggers $1.3 million drain and forces 10-day blockchain halt
A routine Radix code refactor created a vault flaw that enabled a roughly $1.3 million theft and later forced validators to halt t...
Bitcoin Has 92,272 Millionaires as Crypto Wealth Spreads Globally
The world now has 135,694 crypto millionaires, including more than 92,000 whose fortunes are tied to bitcoin, according to Henley...
SBI Invests in Singapore’s Dtcpay to Scale Stablecoin Rails
SBI Group is backing Singapore-based Dtcpay as the regulated payments company expands its stablecoin merchant network and product...
500 Million XRP Worth $649M Left Uphold for Five Wallets Yesterday
Five XRP Ledger addresses that didn’t exist until about a day earlier now hold 100 million XRP each, and every one was created by...
TRON’s stablecoin market cap grows by $5B in 90 days as USDT dominance accelerates
TRON's stablecoin growth highlights its role as a cost-effective settlement layer, but reliance on USDT poses significant concentr...
Circle’s Arc tops stablecoin growth leaderboard in first week
Circle's Arc blockchain launched with $649M in USDC deployed, BlackRock and Visa backing, and sub-second finality targeting $0.01...