Rostec Introduces RUBx: Ruble Token on the Tron Blockchain"
Rostec, the Russian state-owned defense conglomerate, will launch a new stablecoin called **RUBx** pegged 1:1 to the Russian ruble in 2025. This token is built on the **Tron (TRX)** blockchain and is backed by legally regulated real obligations in rubles, providing value stability and trust for users[1][2][3].
Additionally, Rostec is introducing a payment platform called **RT-Pay** that is directly integrated with the Russian banking system. RT-Pay enables instant transactions, interaction with external digital wallets, and the use of smart contracts, while complying with anti-money laundering rules and the regulations of the Central Bank of Russia[2][6].
The launch of RUBx and RT-Pay is a strategic step for Russia to strengthen its digital financial system, reduce dependence on Western financial systems, and facilitate domestic and cross-border transactions with low costs and high efficiency. The use of the Tron blockchain also supports the speed and scalability of transactions needed for the mass adoption of this stablecoin