Despite sanctions and scrutiny, the ruble-backed A7A5 stablecoin surged 250% in a day to reach a $500 million market cap, overtaking all non-US dollar rivals.
Helen Partz
Helen Partz is a veteran cryptocurrency journalist who has been reporting for Cointelegraph since 2017, when she published her first article on the platform. Over the years, she has consistently covered major developments in the crypto space, with a focus on Bitcoin, exchange-traded funds (ETFs), self-custody, stablecoins, digital payments and global regulatory trends. She holds a diploma in linguistics education and approaches her writing with a focus on making complicated crypto topics easy to understand for everyday readers around the globe. Helen has no crypto holdings above Cointelegraph’s disclosure threshold of $1,000.
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Sanctioned A7A5 becomes largest non-US dollar stablecoin: Data - News
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