Rostec, the Russian technology defense group, will launch RUBx, a stablecoin pegged 1:1 to the ruble, and the RT-Pay payment platform on the Tron blockchain before the end of the year.

Each RUBx is backed by 1 ruble in the Rostec treasury, the smart contract will be publicly available on GitHub and audited by CertiK, RT-Pay connects directly to the domestic banking system, allowing for instant ruble transfers and automated payment execution via smart contracts. #Russian

source :#thuancapital