Trading volume has dropped 96% from its peak, and the ruble stablecoin A7A5 has ceased new issuance

Odaily Planet Daily News The ruble-pegged stablecoin A7A5 has recorded a cumulative trading volume of over $102 billion since its launch in early 2025. However, amid sanctions from the United States, the United Kingdom, and the European Union, as well as tightening domestic regulations in Russia, its average daily trading volume has declined by approximately 96% from its peak in July 2025. New issuance has been suspended since July 2025. A7A5 was launched by Russian cross-border payment company A7 LLC, whose major shareholders include sanctioned businessman Ilan Shor and the Russian state-owned bank Promsvyazbank. In terms of token structure, it is issued by the Kyrgyz company Old Vector LLC.