According to CoinMeta, as reported by Reuters, Russia's First Deputy Prime Minister Denis Manturov, Finance Minister Anton Siluanov, and Energy Minister Sergei Tsivilev have joined the supervisory board of the cross-border payment company A7, with Manturov serving as the chairman. A7 was established in 2024 with the participation of Russia's state-owned bank PSB and is primarily aimed at Russian enterprises, using a ruble-backed stablecoin A7A5 for payments. This token was launched in Kyrgyzstan in 2025, with ruble deposits held by PSB serving as reserves. According to PSB, the cumulative transaction volume has reached approximately $140 billion. The US Treasury Department further sanctioned the A7 network on October 1st, accusing it of participating in payment activities that circumvent sanctions.