Rostec’s RUBx Stablecoin on Tron (TRX) Blockchain: A Game-Changer for Digital Ruble by 2025

Russian state-owned defense and technology giant Rostec is set to launch a ruble-pegged stablecoin, RUBx, by the end of 2025. The stablecoin will maintain a 1:1 peg with the Russian ruble and will operate on the TRON blockchain, leveraging its high-speed and low-cost transaction capabilities. Smart contracts for RUBx will be publicly available on GitHub, ensuring transparency. Blockchain security firm CertiK will conduct a pre-launch audit to guarantee the stability and security of the stablecoin. This move marks a significant step in Russia's adoption of blockchain technology for financial transactions, with potential implications for the broader cryptocurrency market, particularly for Tron (TRX).

Russia’s Rostec to Launch Ruble-Backed Stablecoin on Tron Blockchain

Russian state-owned defense and technology giant Rostec plans to introduce a ruble-pegged stablecoin, RUBx, by the end of 2025. The digital currency will maintain a 1:1 peg with the Russian ruble and operate on the TRON blockchain, with smart contracts publicly available on GitHub. Blockchain security firm CertiK will conduct a pre-launch audit to ensure transparency and security.

Deputy General Director Alexander Nazarov emphasized that each token will be backed by legal claims to actual ruble reserves, ensuring regulatory compliance. The RT-Pay platform, Rostec’s proprietary payment system, will integrate with existing banking infrastructure, enabling real-time transactions for individuals and businesses.

Solana Dominates Blockchain Transaction Volume in June 2025

Solana has solidified its position as the leading blockchain by transaction volume, processing a staggering 2.98 billion transactions in June 2025. This figure dwarfs its closest competitor, BNB Chain, which recorded 446 million transactions. Base and tron followed with 296 million and 261 million transactions, respectively.

The data underscores Solana's architectural advantages—high throughput and low costs—which continue to attract developers and users. Ethereum, despite its market capitalization, lagged significantly with just 41.8 million transactions, highlighting its ongoing scalability challenges.

Other notable performers include NEAR Protocol, Aptos, and Sui Network, each surpassing 100 million transactions. Polygon (PoS) and Arbitrum rounded out the top ten, while Ethereum's low count raises questions about its transition to a more scalable framework.

WazirX Users Challenge Asset Freeze in Singapore Court Over Alleged Unjust Crypto Holdings

WazirX users have escalated their battle to Singapore's High Court, demanding the release of frozen crypto assets including Bitcoin (BTC), XRP, Tron (TRX), Binance Coin (BNB), and Tether (USDT). The dispute centers on Zettai Pte Ltd, WazirX's Singapore entity, which allegedly commingled user funds across three categories: unhacked coins (Category A), fiat-like INR balances (Category B), and purportedly hacked ETH/ERC-20 tokens (Category C).

Romy Johnson's 40-page affidavit challenges the legal basis of the freeze, arguing Singaporean restructuring laws don't apply to user-owned assets held in trust. Blockchain forensic analysis further complicates the case, suggesting the alleged hack may lack verifiable on-chain evidence. The outcome could set a precedent for custody rights in decentralized finance.