Russia’s Rostec Doubles Down on Crypto: RUBx and RT-Pay Set to Revolutionize Blockchain Payments
Rostec—Russia's state-owned tech giant—just dropped a blockchain bombshell. Meet RUBx and RT-Pay: the Kremlin's answer to SWIFT sanctions and dollar dominance.
From Kalashnikovs to Crypto Wallets
The defense conglomerate turned fintech disruptor is launching two proprietary payment systems. One targets cross-border settlements, the other domestic transactions—both built on permissioned blockchains that'll make compliance officers weep with joy.
The Ruble Goes Digital (Again)
This isn't Russia's first CBDC rodeo. But unlike the digital ruble's glacial rollout, Rostec's solutions promise instant settlements. Early tests show 5,000 TPS—enough to handle Moscow's oligarch-sized money flows.
A Hedge Against Economic Isolation
With G7 currencies increasingly off-limits, RUBx could become the BRICS bloc's dirty little secret. RT-Pay? That's for buying caviar with your pension—before the next hyperinflation spike.
Another day, another state-backed crypto 'solution' that solves everything except decentralization. But when the alternative is dollar hegemony, even blockchain purists might hold their noses and stack some tokenized rubles.
Rostec, the state-owned conglomerate of Russia unveiled the striking foray into the digital finance world with RUBx and RT-Pay. It is an indication of Russia’s shifting culture from banning crypto to approaching Read More
