A7A5 claims crypto data providers understate its trading activity, while blockchain analytics firms say the ruble-backed token's volumes have fallen sharply this year. A7A5, a Russian ruble-pegged stablecoin designed to bypass Western financial channels, is at the center of a dispute over how widely it is actually used. The token’s issuer claims more than $200 million in average daily volume driven largely by decentralized finance activity, but blockchain analytics firms say real usage is…
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