OFAC sanctions stablecoin ruble A7A5, 13% fall
The United States sanctioned the ruble-anchored stablecoin A7A5. Since OFAC's announcement, the token has lost 13% of its value.
Stablecoins are a category of cryptocurrency designed to maintain a stable value against a reference asset, such as a fiat currency (e.g. the US dollar) or a commodity (such as gold).
58 PostsThe United States sanctioned the ruble-anchored stablecoin A7A5. Since OFAC's announcement, the token has lost 13% of its value.
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