Ruble-Backed A7A5 Stablecoin Sees $9.4B Volume on Grinex, Garantex’s Successor

Sanctioned cryptocurrency exchange Garantex’s alleged successor, Grinex, has processed over $9. 3 billion of the Ruble-backed stablecoin A7A5. Speculations are rife about the nature of the token’s usage since the bulk of the transactions originated from only 124 wallets, as per a report by the Financial Times on 25 June 2025. Currently, users can only find source: https://99bitcoins.com/news/grinex-garantexs-successor-processes-over-9-4b-in-a7a5-ruble-backed-stablecoin/