Moritz Weber

A7A5 is a Russian stablecoin used for international settlements, including within the ecosystem supporting Russia’s shadow fleet and sanctions-evasion operations. Despite sanctions imposed by the EU and the US, pages promoting A7A5 and its wrapped version, WA7A5, appeared on platforms operated by Binance and the regulated European exchange LCX. After questions from UNITED24 Media, the pages disappeared.

Could 2026 be the year the Russian war economy finally breaks? After years of defying sanctions and outperforming expectations, the costs of financing an economy built for war are becoming increasingly difficult to hide.