🌐 Crypto Coin for Russian Shadow Payments Moves $9 bn
🧭 Headline Overview A newly launched stablecoin, called A7A5, has transferred approximately US $9.3 billion in just four months—despite a modest market cap of just $156 million. Designed to circumvent Western sanctions, the ruble-pegged token is backed by deposits in Promsvyazbank, a Russian state-linked defense-sector bank currently under US, UK, and EU sanctions. 🏦 Background & Structure 💳…