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Ukraine’s ‘Kinetic Sanctions’ Disrupt Russian A7A5 Stablecoin Services: Elliptic

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Ukraine’s ‘Kinetic Sanctions’ Disrupt Russian A7A5 Stablecoin Services: Elliptic

Another successful Ukrainian drone attack deep inside Russia, the country that has invaded Ukraine, has produced an unexpected victim: transactions involving A7A5, a stablecoin designed to evade Western sanctions, have collapsed.

On the night of Oct. 7-8, Ukrainian drones struck a Yandex—or “Russia’s Google”—data center in Sasovo, sending shock waves across Russia. One of those shock waves hit A7A5, a Russian ruble-pegged stablecoin operating on Ethereum and Tron that was designed to evade Western sanctions. Meanwhile, another Yandex data center was struck during the same week.

Tom Robinson, chief scientist and co-founder of blockchain analysis company Elliptic, found that A7A5 transactions had collapsed immediately after the Ukrainian strikes. The stablecoin is available on exchanges that rely on Yandex’s services.

A graph shared by Robinson shows transactions plummeting immediately after the strikes.

Meanwhile, at the time of writing, Etherscan shows around 17,600 A7A5 holders on Ethereum, with just 18 transfers in the previous 24 hours. Tron has more than 30,700 holders and recorded 14 A7A5 transfers over the same period. Before Ukraine’s drone strikes—which have been referred to by some commentators as “kinetic sanctions”—the number stood at around 600 transfers per day.

According to Robinson, the remaining transactions mainly involve the stablecoin being swapped on decentralized exchanges, such as Uniswap. The platform removed A7A5 from its website in November 2025, but its underlying smart contracts continue to support the token.

Market data aggregators such as Coingecko and Coinmarketcap also show that the token’s trading volume now ranges from zero to around $1,500 per day, despite a market capitalization of approximately $455 million to $482 million.


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