Russian A7A5 Stablecoin Activity Plunges After Drone Strike, Elliptic Says
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Transactions involving A7A5 fell sharply after Ukrainian drones hit a Yandex data center in Russia, according to an Elliptic report cited by Bitcoin.com News.
A Ukrainian drone strike on a Russian data center disrupted services involving the A7A5 stablecoin, according to Elliptic findings reported by Bitcoin.com News.
The attack targeted a Yandex facility in Sasovo during the night of Oct. 7–8. Transactions involving A7A5 subsequently fell sharply, the report said.
Bitcoin.com News described A7A5 as a stablecoin intended to circumvent Western sanctions. The reported disruption links a physical infrastructure attack to reduced activity in the token.
Source: Bitcoin.com News
