Ruble-Backed Stablecoin A7A5 Passes Audit With 100% Fiat Backing
The ruble-backed stablecoin, A7A5, has successfully undergone an independent audit that verified 100% fiat backing for its circulating supply. Kreston Bishkek, a licensed member of the global Kreston network that operates in over 100 countries, conducted the audit. Unlike Tether, the world’s third-largest cryptocurrency by market capitalisation, which is yet to undergo a financial audit,