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A7A5

Ruble-pegged stablecoin issued by Kyrgyzstan-registered Old Vector and used by Russia's A7 payments network for cross-border settlement and sanctions evasion.

Known aliases

  • A7A5 stablecoin
  • A7A5 token

Current stories

investOne report1 publisher

Siluanov, Tsivilev and Manturov take A7 board seats two weeks after its OFAC designation

Three senior Russian officials, including the finance minister, joined A7's board two weeks after OFAC's criminal designation, Cryptopolitan reports. The seats confirm a state link A7 already had, so open exposure sits with the intermediaries around it.

Reality

Evidence50
Adoption60
Hype gap+15
Incentives
Not scored
Confidence50
investConfirmed2 publishers

A7 will settle foreign invoices in USDT for 0.3%, 11 days after US sanctions hit its network

Russia's A7 will settle foreign invoices in USDT for a flat 0.3% fee, with recipients paid by SWIFT, 11 days after US sanctions on its network. It is aimed at businesses in international trade, the segment where US authorities say the network moved restricted payments.

Reality

Evidence40
Adoption
Not scored
Hype gap+30
Incentives75
Confidence55
investConfirmed7 publishers

Britain sanctions five crypto platforms a week after Washington blacklisted Russia's A7 network

Britain sanctioned three crypto exchanges and two payment platforms on Oct. 8, two of them suspected of handling transactions for Russia's A7 network. Washington blocked A7 a week earlier and Brussels barred dealings with 14 crypto platforms in July, so firms near these rails now answer to three overlapping regimes.

Perspective Coverage

7 publishers
Builder
Builder 19%
Operator
Operator 55%
Investor
Investor 26%

Reality

Evidence72
Adoption
Not scored
Hype gap+15
Incentives40
Confidence68
investConfirmed6 publishers

Treasury designates Russia-linked A7 payments network a transnational criminal organization

OFAC designated A7, a Russia-linked payments network that reportedly settled over $86 billion in its first year, a transnational criminal organization. FinCEN's same-day proposal to bar transfers through A7's sub-agents gives banks and crypto firms a new screening job aimed at intermediaries.

Perspective Coverage

6 publishers
Builder
Builder 17%
Operator
Operator 47%
Investor
Investor 36%

Reality

Evidence70
Adoption62
Hype gap+15
Incentives55
Confidence70
investOne report1 publisher

Cutting A7A5's route into liquid stablecoins took its daily volume down 96%

Leaked files put $6.9 billion of the Kremlin-linked A7 network's money through correspondent banks, while TRM counts $166 billion of A7-linked crypto volume. After the sanctions, the daily turnover of its ruble token fell 96%.

Reality

Evidence58
Adoption61
Hype gap+14
Incentives72
Confidence52