according to the materials of the site - By Coinlive.me
The launch of RUBx reflects Russia's movement towards digital financial systems and may impact local digital payment infrastructures.
Rostec announced its intention to present RUBx, a stablecoin backed by rubles, created on the basis of Tron. The initiative is part of the integration of digital currencies into mainstream financial systems.
Technical aspects and security aspects
Alexander Nazarov, Deputy General Director, confirmed that RUBx is backed by real debt obligations. Dmitry Shumaev leads the technical side, ensuring security and transparency through audits and posts on GitHub.
"The value of the token is backed by real debt obligations in rubles, according to Russian legislation. This guarantees that RUBx is directly tied to the country's currency in a transparent and reliable manner." — Alexander Nazarov, Deputy General Director, Rostec
Integration with RT-Pay
The integration of RUBx into RT-Pay could optimize digital payments in Russia's banking systems and external wallets, impacting transactions in the digital economy.
Market reaction and future implications
The market reaction suggests that the use of TRON may increase, although no immediate consequences for other cryptocurrencies have been noted. Future integration of RUBx may affect transaction volumes.
Regulatory and technological issues
The implications of RUBx include financial integration and potential regulatory issues in compliance with Russian and international standards. Historical models, such as China's e-CNY, highlight the impact of state-issued digital currency.
As real-time monitoring is necessary to track events, monitoring Rostec's sources provides informed understanding of the official steps towards the launch of RUBx.
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