Rostec Goes Crypto: Russian State Titan to Launch Ruble-Backed Stablecoin on Tron
Russia's state-owned tech leviathan Rostec is diving headfirst into crypto—with plans for a ruble-pegged stablecoin and a TRON-based payment platform. Because nothing says 'decentralized future' like a government-issued digital asset.
From Kalashnikovs to KYC?
The defense-to-aerospace conglomerate—better known for tanks than tokens—is betting big on blockchain infrastructure. Their proposed system would let users transact with a sanctioned-proof digital ruble while (theoretically) bypassing Western payment rails.
Why This Matters
If executed, this could become Moscow's most consequential crypto move since legalizing mining. The Tron partnership raises eyebrows—Justin Sun's network now potentially becomes a conduit for Russian state-backed transactions. Cue the compliance headache memes.
The Finance Jab
Because when your currency's volatility rivals a shitcoin, pegging to it seems... ambitious. At least they didn't choose the Venezuelan bolivar as inspiration.