This sanctioned Russian stablecoin claims it processes billions, but blockchain analysts disagree

Bearish-4.74%
3 Jul, 19:18
Source: CoinDesk

AI Summary

Russian stablecoin A7A5 disputes blockchain analytics firms' claims about its trading volumes, with the token issuer alleging understatement while analysts report sharp volume declines this year.

A7A5 claims crypto data providers understate its trading activity, while blockchain analytics firms say the ruble-backed token's volumes have fallen sharply this year.