Rostec Shakes Up Crypto: Russia Launches Ruble-Backed Stablecoin RUBx on Tron Blockchain

Russia's state-owned tech giant Rostec just dropped a crypto bombshell—launching RUBx, a ruble-pegged stablecoin, on the Tron blockchain. Move over, USDT—there's a new sheriff in town.

Why This Matters

With Western sanctions biting, Russia's doubling down on crypto infrastructure. RUBx could become Moscow's financial lifeline—or just another bureaucratic token gathering dust. Either way, it’s a bold play for blockchain sovereignty.

The Tron Factor

By choosing Tron over Ethereum, Rostec gets speed and lower fees—but ties itself to Justin Sun’s controversial empire. High-risk, high-reward? Or just high on Kremlin copium?

Finance Jab

Because nothing says ‘stable’ like a currency that lost 50% against the dollar since 2020—but hey, at least it’s not Venezuela’s Petro.

Rostec’s RT-Pay will be regulatory compliant

Rostec emphasized that both RT-Pay and RUBx will be fully compliant with Russia’s crypto regulations. The company also plans to implement anti-money laundering protocols and measures to block wallets associated with terrorism financing.

“The new platform will be implemented in stages, considering the needs of various sectors of the economy. Particular attention will be paid to security issues and integration with the existing financial infrastructure. In the future, the ecosystem may become the basis for a number of innovative financial services and services,” head of RUBx project Dmitry Shumayev was quoted as saying.

In recent months, Russia has accelerated efforts to regulate crypto-related activities and integrate them into the official economy. While individuals are allowed to buy and sell digital assets, cryptocurrencies are still prohibited for use in payments.