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Ruble-Backed Stablecoin A7A5 Passes Audit, Confirms Full Fiat Backing
Ruble-Backed Stablecoin A7A5 Passes Audit, Confirms Full Fiat Backing
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A7A5, a ruble-pegged stablecoin operating under Kyrgyzstan’s crypto regulations, has successfully completed an independent audit verifying 100% fiat backing for its circulating supply. The audit, conducted by Kreston Bishkek—a member of the global Kreston network—sets a new standard for transparency in the stablecoin market.
The token’s early adoption and performance metrics suggest growing confidence in fiat-collateralized digital assets, particularly in emerging markets. Its regulatory compliance and reserve verification could serve as a blueprint for other jurisdictionally-approved stablecoins.
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