Elliptic said the ruble-backed A7A5 token functioned as a bridge into USDT markets before sanctions and exchange controls curbed its growth.
Spread the love
Russia-linked A7A5 stablecoin processed $100B before sanctions hit: Elliptic
Related posts
-
Bitcoin Lacks Strength for $80K Retest as Gold, Silver Edge Higher
Bitcoin (BTC) returned to range-bound moves on Tuesday as gold returned near the key $5,000 mark.... -
How World Liberty’s $3.4B USD1 Stablecoin Powers Onchain Lending Markets
Key takeaways World Liberty Financial has entered DeFi lending with the launch of World Liberty Markets,... -
Rails Launches Stellar Vaults for Institutional Perps
Institutional crypto derivatives provider Rails announced the launch of “Institutional-Grade Vaults” on the Stellar network on...