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Russian company Rostec to launch Ruble-pegged stablecoin RUBx and payment platform RT-Pay
Summary: According to reports from TASS, Russian military-industrial complex core company Rostec announced the launch of a Ruble-pegged stablecoin RUBx and payment platform RT-Pay on the Tron blockchain. Rostec will be the sole issuer and operator of RUBx, maintaining its pegged value through legally required Ruble reserves. The RT-Pay system will directly connect to the Russian ...
According to reports from TASS, Russian military-industrial complex core company Rostec announced the launch of a Ruble-pegged stablecoin RUBx and payment platform RT-Pay on the Tron blockchain. Rostec will be the sole issuer and operator of RUBx, maintaining its pegged value through legally required Ruble reserves. The RT-Pay system will directly connect to the Russian banking settlement network, supporting real-time transfers for businesses and individuals, as well as smart contract fund locking. The RUBx stablecoin and RT-Pay payment platform project code will be open-sourced on GitHub and undergo security audits by CertiK. The Russian Central Bank is also piloting a digital Ruble, allowing financial institutions to offer related products to qualified investors.
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Link: Russian company Rostec to launch Ruble-pegged stablecoin RUBx and payment platform RT-Pay [Copy]
