A7A5
A7A5#402โ ๏ธ This coin trades very little relative to its market cap (24h volume is 0% of market cap). Because its reported market cap may overstate its standing, we rank it lower on this site. Check liquidity and listing exchanges before trading.
A7A5 Live Chart
Data provided by CoinGecko
Overview
A7A5 is a stablecoin designed to maintain a 1:1 peg to the Russian Rouble, issued in Kyrgyzstan by the company Old Vector. According to the issuer, backing is held as Rouble deposits at banks whose correspondent networks are linked to the Kyrgyz Republic.
The issuer states that reserve reports are updated weekly and that independent firms conduct quarterly external audits. It also describes a mechanism that automatically distributes 50% of the interest income earned on those deposits to token holders, and says the token operates under the Kyrgyz Republic's Law on Virtual Assets No. 12, enacted on 21 January 2022.
Basic Info
Links & Community
Where to Buy โ Global Exchanges
Links to major exchanges below. Check listing and fees on each exchange. Not investment advice; links may contain affiliate (referral) codes.