'We do not do illegal things': Inside the sanctioned stablecoin issuer A7A5's race to build a crypto giant

'We do not do illegal things': Inside the sanctioned stablecoin issuer A7A5's race to build a crypto giant

Oleg Ogienko, the public face of A7A5, pitched the ruble-pegged stablecoin as a fast-growing trade rail built to move money across borders despite sanctions pressure.

2025 RECAP | Meet the Stablecoin that Outpaced All Dollar Stablecoins Growth in 2025 Despite Regulatory Restrictions

A Ruble-linked stablecoin that was barely known outside Russia a year ago saw the fastest growth of any stablecoin over the past 12 months, exceeding the expansion of both Tether’s USDT and Circle’s USDC. Despite Western sanctions targeting Russia and related crypto infrastructure, the token – known as A7A5 – added roughly $90 billion to its supply in 2025, outpacing the dollar-pegged market leaders. A7A5 was created to support cross-border paym…

A7A5 Stablecoin Defends Compliance as Sanctions Drive Rapid Growth

Oleg Ogienko, Director for Regulatory and Overseas Affairs at A7A5, has publicly challenged accusations that his ruble-denominated stablecoin company violates compliance laws. Speaking at Consensus Hong Kong, Ogienko emphasized that A7A5 operates in full accordance with the regulations of Kyrgyzstan, where the company is incorporated, and maintains strict adherence to global compliance standards. According to Ogienko, A7A5 follows comprehensive …