---
title: "A7A5 (A7A5) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/a7a5-old-vector/"
description: "Build-time stablecoin profile for A7A5 (A7A5). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-05-15"
---



# A7A5 (A7A5)

**Peg:** Russian Ruble

**Backing:** Real-World Asset Backed

**Governance:** Centralized (CeFi)

**Status:** active

## Overview

A7A5 is a centralized ruble stablecoin from Old Vector LLC, backed 1:1 by RUB deposits at sanctioned Russian state bank Promsvyazbank. A7A5 is a ruble-pegged stablecoin backed 100% by deposits at Promsvyazbank — a Russian state-owned bank under Western sanctions — which is why Pharos classifies its {{term:custody}}custody{{/term}} as institutional-sanctioned and its reserve risk as very-high despite the collateral being plain fiat currency. Issued by Old Vector LLC under a Kyrgyz VASP license with quarterly audits from an independent Kyrgyz firm, the regulatory architecture is technically compliant with its home jurisdiction while being functionally untouchable by Western financial infrastructure. Since 2026-02-09 the issuer has passed through nearly all of the reserve yield to holders as additional A7A5 at the CBR key rate minus one percentage point — a step up from the previous 50% split that makes A7A5 one of the few {{term:yield-bearing}}yield-bearing{{/term}} stablecoins whose holders directly capture a sanctioned bank's deposit rate. Whether A7A5 represents financial innovation for an isolated economy or sanctions evasion with a token wrapper depends entirely on whose compliance framework you're applying.

## Collateral

Russian ruble (RUB) deposits held 1:1 at Promsvyazbank (PSB), a sanctioned Russian state-owned bank; reserves audited quarterly by Kreston Bishkek (Kreston Global network member, Kyrgyzstan)

## Peg Mechanism

Fiat-backed 1:1 peg to the Russian ruble enforced exclusively via off-chain primary-market mint and redemption with KYC-verified authorized partners (e.g. a7a5.kg for Russian-account holders depositing or withdrawing RUB); no on-chain DEX-based RUB liquidity exists, so USD-denominated price prints reflect RUB/USD spot movements rather than secondary-market arbitrage; since 2026-02-09 the issuer (Old Vector LLC) distributes nearly all overnight reserve income to holders as additional A7A5 using a formula of the Central Bank of Russia key rate minus 1 percentage point, recalculated when the key rate changes

## Jurisdiction

| Country | Regulator | License |
| --- | --- | --- |
| Kyrgyzstan | Finnadzor | VASP license (Law on Virtual Assets No. 12, 2022); issuer: Old Vector LLC |

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| ethereum | `0x6fa0be17e4bea2fcfa22ef89bf8ac9aab0ab0fc9` | 6 |
| tron | `TLeVfrdym8RoJreJ23dAGyfJDygRtiWKBZ` | 6 |

## Live Data

Real-time price, supply, peg score, liquidity, and flow data live at https://api.pharos.watch/api/stablecoin/a7a5-old-vector.