A ruble pegged stablecoin issuer operating under the shadow of United States sanctions is accelerating its global ambitions, positioning itself as a cross border payments rail for trade connected to Russia. Oleg Ogienko, the public representative of A7A5 and its director for regulatory and overseas affairs, says the company operates within the law of its […]
New blockchain analysis indicates that the Central Bank of Iran accumulated at least 507 million dollars worth of USDT during April and May 2025 as part of efforts to stabilize the national currency amid persistent financial strain. According to findings published by Elliptic, the stablecoins were acquired through a network of wallets linked with high […]
Venezuela’s state controlled oil company turned to the stablecoin USDT to help navigate around restrictions imposed by the United States as the country’s political and economic crisis deepened, according to multiple reports this week. Petróleos de Venezuela SA began requiring some customers to make oil payments using the popular dollar pegged token as US sanctions […]
