A7A5 Stablecoin Processed $100B Before Sanctions Clampdown, Elliptic Says
A ruble-backed stablecoin linked to sanctioned Russian financial networks processed more than $100 billion in onchain transactions in less than a year, according to a new report from blockchain analytics firm Elliptic. In a report published Thursday, Elliptic said the A7A5 stablecoin was designed to operate within a broader framework intended to reduce exposure to...
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