A7A5, a ruble-pegged stablecoin developed to help facilitate cross-border transactions amid banking restrictions, said it believes its platform can remain relevant even if global geopolitical tensions ease and financial restrictions are reduced.
According to Oleg Ogienko, an executive involved with the project, the stablecoin’s long-term value lies in offering faster and lower-cost international settlements compared with traditional banking systems. He said the platform could continue serving businesses involved in international trade by providing more efficient payment options.
Ogienko said A7A5 is positioning itself as a broader financial infrastructure tool rather than a short-term solution tied to current restrictions. He said the company is exploring direct exchange systems between regional stablecoins, allowing transactions without relying on major dollar-backed digital assets such as Tether (USDT) or Circle Internet Group’s USD Coin (USDC).
The global stablecoin market continues to expand as adoption grows in cross-border payments. Blockchain analytics firm Chainalysis said in an April report that stablecoins are becoming a larger part of global finance. Meanwhile, Juniper Research projected international business-to-business stablecoin transactions could reach $13.4 billion this year and grow to $5 trillion by 2035.
A7A5 currently has a market capitalization of around $500 million, according to CoinGecko. By comparison, Tether (USDT) remains the largest stablecoin with a market capitalization of about $190 billion, while USD Coin (USDC) ranks second at approximately $77 billion.
The company said it is also engaging with policymakers as lawmakers explore regulations for digital assets used in cross-border payments. Officials are reportedly reviewing legal frameworks that could shape the future use of digital currencies in international trade.
Ogienko said certain proposed rules may limit growth if restrictions on retail participation and cryptocurrency derivatives remain too strict for exchanges to build sustainable business models.
He also said central bank digital currencies may not directly compete with private stablecoins, arguing that government-backed digital currencies may be more focused on regulatory oversight than commercial transactions.
In addition to payment services, Ogienko said A7A5 has attracted interest from users because of its reported 13.5% yield, although he noted that cross-border trade remains the platform’s main focus.
The company also said operating internationally remains challenging due to financial restrictions, with limitations affecting branding opportunities and travel arrangements for employees.
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