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A7A5, a ruble stablecoin on Tron, keeps roughly $470M of supply and near $1B of daily transfers moving after OFAC, OFSI and EU sanctions, running as parallel infrastructure after SWIFT exclusion.
Source: Dune pull (not yet in the map seed)
A7A5, the ruble-denominated stablecoin built on Tron, holds roughly 39 billion RUB of supply and processes close to a billion dollars in transfers a day. It is the second largest non-USD stablecoin by transfer volume, and it built this after OFAC, OFSI and the EU designated it.
On-chain supply as of the 2026-08-05 sweep, split by chain: 38.66 billion RUB on Tron and 0.57 billion RUB on Ethereum, roughly 39.2 billion RUB total, about $470M at prevailing rates. Daily transfer volume is approximately $1B, per third-party analysis (Elliptic). All ruble supply figures are DIA-computed from on-chain contract state; the transfer-volume figure is external.
A7A5 functions as a settlement rail for value moving to and from Russia after SWIFT exclusion removed the conventional correspondent route. Its dollar-denominated peer is low-cost, informal and designed for cross-border transfer, and A7A5 fills the same role in rubles on a chain that specialises in cheap USDT movement. Sanctions designations by OFAC, OFSI and the EU in August 2025 did not stop it. The size of the daily flow makes it the clearest example of parallel financial infrastructure: a payment system that exists specifically because the designated route is closed. The finding is structural, not a protest. Russia built a dollar-adjacent rail because its banks lost access to the US system. A7A5 is the ruble version, and its transfer volume exceeds most sanctioned-asset expectations.
- A7A5 supply: 39.2 billion RUB total; 38.66 billion on Tron, 0.57 billion on Ethereum (DIA on-chain sweep, 2026-08-05). - Daily transfers: approximately $1B/day (Elliptic). Regulatory designations: OFAC, OFSI and the EU, August 2025.