A7 processed over 10 trillion roubles in 2025, accounting for approximately 19% of Russian companies' international trade settlement volume.

Overview Debates Related claims Topics Sources

A7 International launched a service on October 13, 2026, enabling customers to pay foreign invoices in USDT stablecoins while recipients receive funds via standard bank transfer.

The U.S. Treasury Department imposed sanctions on the A7 Network on October 1, 2026, alleging its payment infrastructure facilitated transactions for sanctioned Russian and Iranian entities.

A7 charges a fixed 0.3% transaction fee for its USDT-to-SWIFT international payment service, with processing starting from one business day.

A7 International accepts USDT on the TRON network and routes equivalent bank transfers in US dollars, euros, Chinese yuan, and UAE dirhams.

The A7 International payment service does not require the receiving party to hold a crypto wallet or accept digital assets directly.

A7 provides closing documentation required for currency control and customs compliance upon completion of transactions.

A7 reports serving approximately 15,000 corporate clients and executing about 2,000 transactions daily across more than 100 countries.

A7 CEO Ilan Shor and PJSC Bank PSB Chairman Petr Fradkov introduced the A7 International payment service during a live presentation on October 13, 2026.

The primary product-market fit for stablecoins has been exporting the U.S. dollar to emerging markets

Allowing unlimited cross-border crypto settlements effectively mitigates Western trade sanctions

U.S. Office of Foreign Assets Control rules prohibit U.S. virtual currency exchanges and wallet hosts from facilitating cryptocurrency transactions involving blocked Russian entities like Sberbank

The U.S. Treasury Department imposed full blocking sanctions on Sberbank in April 2022 under Executive Order 14024

Iceland is looking to work with the US to facilitate trade in the Arctic, citing the larger US presence in Greenland

Lloyds of London's cancellation of shipping insurance effectively closed the Strait of Hormuz to tankers

The euro to yen currency cross was held in a tight band between 181 and 186 for over a year

The UK Foreign, Commonwealth and Development Office sanctioned three cryptocurrency exchanges—Cryptomus, Heleket, and TokenSpot—on October 8, 2026, for helping Russian entities evade financial sanctions

The UK government stated that two of the sanctioned businesses, Cryptomus and Heleket, facilitated transactions involving A7, a Kremlin-backed network whose ruble-pegged A7A5 stablecoin is used to bypass financial restrictions

The UK government sanctioned payment platforms Tsunami Payments LLC and OJSC Processing KG, alongside Processing KG's director Ulan Bukabaev

Kyrgyzstan-based TokenSpot was designated by the UK Foreign, Commonwealth and Development Office, with TRM Labs assessing it as a front company operating on wallet infrastructure shared with Grinex and Garantex

The UK Foreign, Commonwealth and Development Office designated Xeltox Enterprises Ltd as the parent company of Cryptomus, Heleket, and Certa Payments Ltd.