Can EU Sanctions Stop The Russia-Backed Stablecoin’s Shocking Growth?

New reports claim that the EU is considering sanctions against A7A5, a ruble-backed stablecoin. The firm has been circumstantially linked to international money laundering, but there are many unanswered questions. Meanwhile, the token has been growing in prominence despite US sanctions, moving $6 billion since August. A7A5 is now the world’s largest non-dollar stablecoin, and it’s making crucial inroads with the crypto community source: https://beincrypto.com/eu-sanctions-a7a5-stablecoin-russia-money-laundering/