A7A5, the issuer of a ruble-pegged stablecoin, is expanding its operations despite being under U.S. Department of the Treasury sanctions. Oleg Ogienko, Head of Regulatory and International Affairs at A7A5, emphasized the company's compliance with Kyrgyzstan's local regulations and international anti-money laundering standards, denying any illegal activities. The company aims to become a key settlement channel for cross-border trade, particularly serving businesses in Asia, Africa, and South America trading with Russia. A7A5 has implemented KYC and AML mechanisms and undergoes regular audits. The stablecoin's circulating supply increased by approximately $90 billion year-over-year, surpassing the growth of USDT and USDC, driven by demand for alternative settlement solutions amid sanctions. However, the sanctions pose ongoing compliance and geopolitical challenges for A7A5.