tldr; Russian state-owned weapons manufacturer Rostec plans to launch a stablecoin called RUBx on the Tron blockchain, backed one-to-one by rubles. The project, reportedly approved by Russia’s central bank, aims to facilitate money transfers for companies and individuals. Rostec also plans to introduce a payments platform, RT-Pay, leveraging Russia’s banking infrastructure. This move aligns with Russia’s increasing use of crypto, including legalizing mining and exploring ways to bypass sanctions using digital currencies.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
CipherScarlatti on
This feels very: „Ah but you see, this token is not under embargo rules so now you can buy Russian weapons with clear conscience.“
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Perfect match.
arms + stablecoin + tron + state corporation….
tldr; Russian state-owned weapons manufacturer Rostec plans to launch a stablecoin called RUBx on the Tron blockchain, backed one-to-one by rubles. The project, reportedly approved by Russia’s central bank, aims to facilitate money transfers for companies and individuals. Rostec also plans to introduce a payments platform, RT-Pay, leveraging Russia’s banking infrastructure. This move aligns with Russia’s increasing use of crypto, including legalizing mining and exploring ways to bypass sanctions using digital currencies.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
This feels very: „Ah but you see, this token is not under embargo rules so now you can buy Russian weapons with clear conscience.“