🤑 Russia’s Got a Secret Stablecoin Crush

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Because who doesn’t love a good stablecoin? 🤷‍♀️ Rostec, a Russian defense company, has announced plans to launch its own stablecoin and payment platform because, you know, secure transactions are all the rage these days. 💸

Apparently, the Russian Central Bank is cool with it, which is all that really matters, right? 🙄 The payment system will be integrated with the Russian banking infrastructure, because who needs decentralization when you can just work with the banks? 🤣

The stablecoin, RUBx, will be launched on the Tron blockchain because, why not? 🤷‍♀️ And the payment platform, RT-Pay, will have a super cool feature that lets users connect it to the Russian banking system. Because, you know, innovation. 💻

Each RUBx is backed by real obligations in rubles. This is legally fixed. The token to real ruble ratio is one to one.

Said Rostec Deputy General Director Alexander Nazarov, because someone has to make it sound legit. 😂

The new platform will be implemented in stages, because who likes a good plan? 📅 And, of course, security issues will be a top priority, because no one likes a good hack. 🤖

Rostec CEO Sergey Chemezov said the company provides 80% of the weapons used during the Russian-Ukrainian conflict, which is just a fun fact. 🤯 And, you know, they’re looking to sidestep those pesky sanctions that have been crippling their activities since 2022. 🤑

So, there you have it. Russia’s got a secret stablecoin crush, and it’s not just a phase. 😘

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2025-07-04 14:57