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Tron (TRX) and the Rise of State-Backed Stablecoins: Russia’s Rostec Enters the Crypto Space

Tron (TRX) and the Rise of State-Backed Stablecoins: Russia’s Rostec Enters the Crypto Space

Author:
TRX News
Published:
2025-07-05 17:31:39
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[TRADE_PLUGIN]TRXUSDT,TRXUSDT[/TRADE_PLUGIN]

In a significant development for the cryptocurrency sector, Russian state-owned corporation Rostec has announced plans to launch a ruble-pegged stablecoin, RUBx, and a dedicated payment platform, RT-Pay, in 2025. This move underscores the growing adoption of blockchain technology by governments and large institutions, potentially creating new opportunities for interoperability with major cryptocurrencies like Tron (TRX). The RUBx stablecoin will maintain a 1:1 parity with the Russian ruble, backed by traditional currency reserves under Rostec's management. The RT-Pay system is designed to integrate seamlessly with domestic banking infrastructure while also supporting interoperability with external digital wallets. This development could have far-reaching implications for the crypto market, particularly for projects like Tron that focus on payment solutions and cross-border transactions. As state-backed stablecoins gain traction, they may complement existing decentralized networks, offering users more choices for stable value transfer. The entry of a major player like Rostec into the crypto space signals continued institutional interest in blockchain technology and could potentially drive further adoption of cryptocurrencies across traditional finance sectors.

Russian State-Owned Arm Maker Rostec to Launch RUBx Stablecoin and RT-Pay Platform

Rostec, a major Russian government-owned corporation, is preparing to launch a ruble-pegged stablecoin and a dedicated payment platform this year. The RUBx Token will maintain a 1:1 parity with the Russian ruble, backed by traditional currency reserves under Rostec's management.

The RT-Pay system will integrate with domestic banking infrastructure while supporting interoperability with external digital wallets and smart contracts. Built on the TRON blockchain, the platform emphasizes transaction transparency and regulatory compliance, with code audits conducted by CertiK.

Implementation will follow a phased rollout designed to align with Central Bank anti-money laundering requirements and counter-terrorism financing regulations. The initiative represents Russia's latest MOVE toward sovereign digital payment infrastructure amid expanding cryptocurrency adoption.

TRX Price Prediction: Tron's $10 Target by 2030 Faces Skepticism as Whales Favor SOL and ETH

Tron's TRX token trades at $0.2812, marking a modest 0.73% daily gain, but its ambitious $10 price target by 2030 faces steep hurdles. Achieving this WOULD require a $900 billion market capitalization—triple Ethereum's current valuation—a scenario deemed unrealistic without transformative adoption or technological leaps.

Solana and ethereum continue to dominate institutional interest, with SOL trading at $149.48 and ETH maintaining its $295.58 billion market cap lead. Whales are accumulating these assets over TRX, reflecting broader skepticism about Tron's capacity to rival industry leaders.

Ethereum's entrenched position in DeFi and smart contracts, despite gas fee challenges, contrasts with Tron's struggle to expand beyond remittance-focused use cases like Remittix. Market dynamics suggest a bearish long-term outlook for TRX as capital flows toward more established ecosystems.

Ruvi AI (RUVI) Gains Analyst Favor Over Tron (TRX) for Potential 103x Returns

Ruvi AI's audited token structure and strategic exchange partnerships are positioning it as a high-growth alternative to established projects like Tron. CyberScope's smart contract verification and guaranteed liquidity through WEEX Exchange address critical investor concerns in the presale market.

The project's utility-driven roadmap contrasts with speculative peers, with early milestones suggesting capacity for exponential gains. Market observers note this combination of technical rigor and market accessibility could redefine expectations for emerging blockchain ventures.

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