Russia’s ruble-pegged stablecoin helped evade sanctions to the tune of $100 billion

Russia’s ruble-pegged stablecoin helped evade sanctions to the tune of $100 billion


Elliptic says the ruble-pegged A7A5 processed nearly 250,000 onchain transactions, demonstrating how stablecoins facilitate cross-border flows under sanctions pressure.

Source: [source]

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