Home web3.0 Kyrgyzstan launches A7A5 - a stablecoin pegged to the Russian ruble

Kyrgyzstan launches A7A5 - a stablecoin pegged to the Russian ruble

Mar 27, 2025 am 10:08 AM

Kyrgyzstan continues to solidify its position as a regional crypto hub. The country is advancing its digital asset regulation, testing legal frameworks, and launching licensed platforms. One of the key steps in this direction is the launch of A7A5 - a stablecoin pegged to the Russian ruble within the cryptocurrency ecosystem.

Kyrgyzstan launches A7A5 - a stablecoin pegged to the Russian ruble

BISHKEK, KYRGYZSTAN, March 26, 2025 (GLOBE NEWSWIRE) -- Kyrgyzstan is continuing to solidify its position as a regional crypto hub. The country is advancing its digital asset regulation, testing legal frameworks, and launching licensed platforms. One of the key steps in this direction is the launch of A7A5 - a stablecoin pegged to the Russian ruble within the cryptocurrency ecosystem. The token was issued by the Kyrgyz company Old Vector, in full compliance with local regulatory requirements and with the support of the Kyrgyz government.

One of the world’s leading crypto hubs

As part of the strategic course set by the country's president, Kyrgyzstan has adopted a comprehensive package of laws regulating the cryptocurrency market. For the first time, the country has introduced full legislation on digital assets, covering all major aspects of the industry - from exchanges to token issuers. This has created a new institutional infrastructure that did not previously exist in the market.

Among the unique innovations is the mechanism for registering token issuances under official state supervision. Regulators ensure that token emissions comply with regulatory requirements, have fiat backing, undergo regular audits, and meet obligations to token holders. In essence, Kyrgyzstan provides one of the most transparent and secure tokenization models in the world.

The first issuance of A7A5 (mint) was carried out in complete accordance with the new national legislation - under the control of regulatory authorities and directed to an officially registered, regulated broker.

The A7A5 token is now available for trading on the regulated exchange Meer Exchange and is expected to be listed on decentralized platforms in the future. Its fiat backing is stored in bank accounts, and its volume is audited by an independent firm on a quarterly basis. The key advantage of A7A5 is the opportunity to earn up to 20% annually, driven by its link to the refinancing rate of the Central Bank of the Russian Federation and additional income strategies in DeFi.

For those seeking an alternative

The digital asset market is moving toward the integration of traditional finance with decentralized technologies. The emergence of stablecoins has enabled users to:

Currency diversity? Not yet

Although the segment has seen significant capitalization, stablecoins other than the dollar still have very limited trading volumes:

What's preventing carry trade in crypto?

To execute a traditional carry trade strategy in the digital space, several key elements are still missing:

The launch of A7A5, followed by its listing on both CEX and DEX, marks the first step in expanding the range of tools available to crypto investors, including:

The listing on Meer Exchange ensures liquidity, transparency, and institutional access to a new class of digital assets tied to the Russian economy and emerging markets.

Social Links

X: https://x.com/A7A5official

Telegram: https://t.me/A7A5official

LinkTree: https://linktr.ee/a7a5official

Media Contact

Brand: A7A5

Contact: Media team

Email: [email protected]

Website: https://a7a5.io/

The post Stablecoin A7A5, Pegged to the Russian Ruble, Launched in Kyrgyzstan appeared first on GLORY LOGISTICS.

GLORY LOGISTICS - Blockchain, Cryptocurrency, Technology, Cryptocurrency News, Blockchain News, Digital Currency, Bitcoin, Bitcoin News, Cryptocurrency Scams and cybersecurity, Cryptocurrency investment trust, Key Cryptocurrency Events Coverage.

The post Stablecoin A7A5, Pegged to the Russian Ruble, Launched in Kyrgyzstan appeared first on Benzinga.

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