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cryptoJun 3, 2026, 3:24 PM

Ruble Stablecoin A7A5 Surpasses $110B On-Chain Volume Amid Sanctions

The Russian ruble-linked stablecoin A7A5 has processed over $110 billion on-chain despite Western sanctions. Its holder count more than doubled from 13,000 to 29,000 wallets between February 2025 and May 2026.

A7A5

The ruble-pegged stablecoin A7A5 continues to grow despite Western sanctions, according to blockchain security firm CertiK. The token has processed over $110 billion on-chain and now accounts for approximately 43% of the global stablecoin market that is not tied to the US dollar.

Between February 2025 and May 2026, the number of unique A7A5 holders surged from 13,000 to 29,000 wallets. CertiK described A7A5 as a prominent example of a stablecoin ecosystem designed to bypass sanctions.

The token's resilience highlights the increasing role of non-dollar stablecoins in circumventing financial restrictions, particularly in the context of Russia's sanctions regime.

Source: MarketTwits