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Russian arms giant Rostec will issue a ruble-pegged stablecoin called RUBx
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The token will launch on the Tron blockchain, approved by Russia’s central bank
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The project includes a new payment platform, RT-Pay
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Rostec aims to enable ruble-based crypto payments and remittances
Rostec Expands Into Stablecoins
Russia’s state-backed military-industrial firm, Rostec, is entering the crypto space with plans to launch RUBx, a stablecoin pegged to the Russian ruble. The token will be built on the Tron blockchain, a network known for fast and cheap stablecoin transfers.
According to Russian state media outlet TASS, the country’s central bank has greenlit the project. Rostec says the stablecoin will be backed one-to-one by rubles and serve both businesses and individuals for everyday transactions.
RT-Pay to Power Domestic Transactions
Alongside RUBx, Rostec will launch RT-Pay, a crypto-enabled payment platform tied to Russia’s banking system. This could offer an alternative payment channel amid global sanctions and provide faster remittance services.
While Rostec is best known for producing military hardware, it also manufactures medical tools, car engines, and now, digital tokens.
Tron’s Role and Broader Stablecoin Trend
Tron, which hosts major stablecoins like USDT and USDC, is increasingly popular for crypto payments. RUBx will join this ecosystem as a fiat-backed token designed to facilitate fast, low-cost transfers—without relying on Western financial rails.
The launch comes as stablecoins attract global interest, with entities from Wyoming to Amazon exploring their own tokens. Experts expect a flood of stablecoins to enter the market once favorable U.S. legislation is finalized.
