Wu Shuo learned that TRM Labs has released a joint investigation with Open Source Centre, stating that the on chain transaction volume related to Russia's A7 cross-border payment network exceeds 166 billion US dollars. TRM stated that A7 was jointly established by the Russian defense bank Promsvyazbank and sanctioned Moldovan oligarch Ilan Shor to process cross-border payments for Russian companies excluded from the formal banking system. Its encryption activities mainly involve converting the US dollar stablecoin USDT into rubles and transferring them to overseas fund pools, as well as conducting internal ledger balancing through the stablecoin A7A5 supported by rubles. TRM also stated that A7 related addresses have been identified as having on chain connections with sanctioned or high-risk entities such as Iran's Islamic Revolutionary Guard Corps (IRGC), North Korean hackers, Hamas, etc. https://(wublock123.com)/news/russia-a7-payments-onchain-166b-usd-sanctioned-entities-62729