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Deployments · platform by Old Vector

A7A5 rouble stablecoinNew

A rouble-backed token issued by Old Vector, a Kyrgyzstani firm, and created for Russian customers of A7, a Russian cross-border settlement firm that the US Treasury says is owned by Ilan Shor and the Russian bank Promsvyazbank. After law enforcement shut down the Garantex exchange in March 2025, Garantex used A7A5 to move its customers' funds to its successor Grinex. On 14 August 2025 the US Treasury's OFAC designated Old Vector, A7 and its subsidiaries. About RUB 47 billion was in circulation in October 2026, almost all on TRON.

AnnouncedProof of conceptPilotLive (limited)Live (scaled)

Live (scaled) since 21 May 2025[1] — First supply in DefiLlama's series (RUB 11.5bn); in use on Garantex before March 2025 per the US Treasury. Openly transferable on TRON and Ethereum. · Reviewed 13d ago

Assets
Undisclosed[2]
Rouble-backed token
Networks
TRON Public, permissionless[3][1]
Ethereum Public, permissionless[3][1]
Use cases
Primary issuance[1]Cross-border payments[2]
Jurisdictions
Kyrgyzstan, Russia

Participants

Assets

Metrics

  • ~46,891,085,103 RUBTokens in circulation · as of 22 Oct 2026[1]
    On-chain via DefiLlama; sum of its per-chain rouble balances.
  • ~46,305,945,061 RUBTokens in circulation · as of 22 Oct 2026 · on TRON[1]
    On-chain via DefiLlama.
  • ~585,140,043 RUBTokens in circulation · as of 22 Oct 2026 · on Ethereum[1]
    On-chain via DefiLlama.
  • over $100bnValue transferred since launch · as of 21 Jan 2026context[4]
    Elliptic's on-chain count of A7A5 transfers on Ethereum and Tron in under a year since launch. All transfers, not only payments, and Elliptic gives a threshold, not an exact total, so context (see decision 2026-10-26-flows-1).
  • ~$500m / dayOn-chain transaction volume · as of Jan 2026context[4]
    Daily transfer volume, down from a peak of over USD 1.5bn a day. All on-chain transfers, so context.
  • ~$17.3bnExchange trading volume since launch · as of 21 Jan 2026context[4]
    A7A5/rouble (USD 11.2bn) and A7A5/USDT (USD 6.1bn) trading, mainly on Grinex, Meer and the A7A5 DEX, per Elliptic. Context: third-party estimate, and secondary-trading is not a recorded use case of this deployment.
  • ~47,158,973,198 RUBSupply on chain (daily) · as of 7 Nov 2026[9]
    Automated daily reading of on-chain supply across all chains.
  • ~588,482,939 RUBSupply on chain (daily) · as of 7 Nov 2026 · on Ethereum[9]
    Automated daily reading.
  • ~46,570,490,258 RUBSupply on chain (daily) · as of 7 Nov 2026 · on TRON[9]
    Automated daily reading.

Timeline

  1. Happened 14 Aug 2025 · Announcement · recorded 22 Oct 2026
    US sanctions: OFAC designates the issuer Old Vector, A7 and its subsidiaries A71 and A7 Agent under E.O. 13694, alongside the Garantex successor exchange Grinex, saying Garantex used A7A5 to restore its customers' funds after the March 2025 takedown.[2]
  2. Happened 21 May 2025 · Launch · recorded 22 Oct 2026
    First A7A5 supply in DefiLlama's data, at about RUB 11.5 billion.[1]

Sources

  1. [1]A7A5 stablecoin data (API) — DefiLlama, 22 Oct 2026. Accessed 22 Oct 2026. Pegged to the rouble; DefiLlama classes the peg mechanism as fiat-backed..A
  2. [2]Treasury Sanctions Cryptocurrency Exchange and Network Enabling Sanctions Evasion and Cyber Criminals — U.S. Department of the Treasury, 14 Aug 2025. Accessed 22 Oct 2026. OFAC re-designates Garantex and designates Grinex, Old Vector (A7A5's issuer), A7, A71 and A7 Agent..A
  3. [3]A7A5 — A7A5. Accessed 22 Oct 2026. Script-only site; TRON and Ethereum explorer links read from its code..B
  4. [4]A7A5: the ruble-backed stablecoin passes $100 billion in transactions — Elliptic, 21 Jan 2026. Accessed 26 Oct 2026.C
  5. [5]UK targets sanctions circumvention and crypto networks exploited by Russia — UK Foreign, Commonwealth & Development Office, 20 Aug 2025. Accessed 28 Oct 2026.A
  6. [6]Financial Sanctions Notice 20/08/2025 Russia — HM Treasury, Office of Financial Sanctions Implementation, 20 Aug 2025. Accessed 28 Oct 2026. Designates Grinex LLC (virtual asset exchange operator), Old Vector LLC (virtual asset issuer), CJSC Tengricoin and Capital Bank of Central Asia..A
  7. [7]1 1. See 31 U.S.C. 5312(a)(2); 31 C.F.R. 1010.100(t). 2. — FinCEN, 1 Oct 2026. Accessed 6 Nov 2026.A
  8. [8]A7A5: Circumventing Sanctions with Stablecoin Cryptocurrency — info-res.org. Accessed 6 Nov 2026.C
  9. [9]Supply by chain, read daily — DefiLlama (automated daily refresh). Accessed 7 Nov 2026.A

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