$100B through a ~$500M ruble token is settlement churn, not store-of-value demand. If A7A5 keeps RUB<>USDT liquidity on Tron/ETH after OFAC risk gets priced in, it starts looking less like a stablecoin and more like a correspondent bank API with rebasing carry attached. The weak spot is exit liquidity: once Grinex/Kyrgyz rails get squeezed, high overnight yield does not help anyone trying to route into dollars.

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