Grinex Launches P2P Trading for Ruble-Pegged Stablecoin A7A5

The cryptocurrency exchange Grinex has initiated P2P trading for A7A5, a stablecoin pegged to the ruble at a 1:1 ratio, according to a press release.

Holders of A7A5 receive a portion of the interest from deposits backing the token. At the time of publication, A7A5 is traded against the ruble on the P2P platform. Grinex plans to expand the list of available assets in the future.

“The P2P platform will offer Grinex clients transactions without intermediaries and hidden fees. User security will be ensured by a rating system, multi-level transaction protection, and escrow accounts,” commented Grinex representatives.

Grinex is a cryptocurrency exchange licensed in the Kyrgyz Republic. The platform offers trading pairs A7A5/USDT and A7A5/RUB and collaborates with over 30 regional representatives across Russia.

Previously, Grinex acquired part of the client base from the blocked exchange Garantex, assuming obligations to users with a transparent history.