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Russian ruble stablecoin A7A5 transfers over $100 billion, market value shrinks by 96%

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According to blockchain analysis firm Elliptic, the ruble stablecoin A7A5, supported by Russian state-owned banks and subject to sanctions, has accumulated over $100 billion in transferred funds. However, due to the sanctions, its liquidity has been restricted and its market value has shrunk by 96%.

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