[Russian Stablecoin Project Aims to Break Away from USDT System, Promoting Ruble-Based Cross-Border Crypto Settlements] According to CoinDesk, the ruble-based stablecoin project A7A5 stated that even if the Russia-Ukraine situation eases and some sanctions are lifted in the future, the stablecoin will still have long-term viability. Its core value lies in cross-border settlement efficiency, profitability, and the development of regional crypto payment infrastructure. The stablecoin previously had a market capitalization of approximately $500 million and was initially designed to help Russia bypass banking restrictions. However, it now aims to further evolve into a "direct settlement channel between stablecoins," enabling direct exchanges with other stablecoins without relying on the USDT, USDC, or U.S. dollar systems.