TECHNOLOGYJul 3 · 19:18 UTCCOINDESKOlivier Acuna

This sanctioned Russian stablecoin claims it processes billions, but blockchain analysts disagree

A sanctioned Russian stablecoin claims to process billions in transactions, but blockchain analysts dispute these claims. The stablecoin's operations are under scrutiny amid conflicting reports about its actual transaction volume.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

Russian stablecoinorganizationblockchain analyststopicsanctionstopic

Spot something wrong with this article?Report a problem →

Forward this

Related Signal

Adjacent reporting

BUSINESSMay 22 · 07:00 UTC
UAE-backed DDSC stablecoin processes $30M institutional transaction
BUSINESSMay 7 · 13:07 UTC
Mysten Labs’ Abiodun says Sui processed over $1 trillion in stablecoin volume since August as it eyes free, private payments
BUSINESSJun 3 · 14:00 UTC
Russian ruble stablecoin A7A5 grows despite Western sanctions: CertiK
TECHNOLOGYMay 5 · 11:43 UTC
Solana's payment velocity continues to grow
BUSINESSApr 20 · 12:28 UTC
BIS says stablecoins act more like ETFs than money, warns of fragmentation without global rules: report