Elliptic: ruble-backed stablecoin A7A5 surpassed $100B in transactions in under a year, but demand cooled and daily volume fell from a peak of $1.5B+ to ~$500M
The ruble-backed stablecoin created to circumvent sanctions on Russia has surpassed $100 billion in transactions in less …
The ruble-backed stablecoin created to circumvent sanctions on Russia has surpassed $100 billion in transactions in less than a year since its launch — even as the token itself faces ongoing restrictions. — https://www.bloomberg.com/... #Ukraine #Russia — [image]