{"id":35216,"date":"2025-07-04T12:47:00","date_gmt":"2025-07-04T12:47:00","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35216"},"modified":"2025-07-04T12:47:00","modified_gmt":"2025-07-04T12:47:00","slug":"russian-state-giant-rostec-plans-ruble-pegged-stablecoin-payment-platform-on-tron-tass","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35216","title":{"rendered":"Russian State Giant Rostec Plans Ruble-Pegged Stablecoin, Payment Platform on Tron: TASS"},"content":{"rendered":"<div>\n<p>Russian state-owned manufacturing conglomerate Rostec, best known for its role in the country\u2019s military-industrial complex, plans to roll out a ruble-pegged token called RUBx alongside a payment hub dubbed RT-Pay before year-end.<\/p>\n<p>Each RUBx, according to state-owned news agency <a href=\"https:\/\/tass.com\/economy\/1984753\">TASS<\/a>, will represent one Russian ruble held in a treasury account. Rostec will run the token as the sole issuer and operator, anchoring the asset\u2019s value through \u201creal obligations in rubles\u201d written into law.<\/p>\n<p>The token is set to be based on the Tron blockchain. Rostec intends to post the contract code on GitHub and has tapped blockchain-security firm CertiK for an independent audit, the report adds.<\/p>\n<p>RT-Pay will plug straight into the country\u2019s banking rails. That link lets companies and private citizens move money in seconds, even after business hours, or lock funds in smart contracts.<\/p>\n<p>Rostec says RT-Pay, which will be integrated with the country\u2019s banking rails, meets anti-money-laundering and counter-terrorism rules and complies with Bank of Russia requirements.<\/p>\n<p>A phased launch will target sectors with high payment friction first, then expand, RUBx project Dmitry Shumayev reportedly said.<\/p>\n<p>The project lands as Moscow tests a <a href=\"https:\/\/www.cbr.ru\/eng\/press\/event\/?id=24743\">separate digital ruble<\/a> issued by the central bank. The country has been warming up to the cryptocurrency space, with the Bank of Russia earlier this year allowing institutions to <a href=\"https:\/\/www.coindesk.com\/policy\/2025\/05\/29\/russia-says-financial-institutions-can-offer-crypto-linked-instruments-to-qualified-investors\">offer crypto-linked instruments <\/a>to qualified investors.<\/p>\n<p>Russia\u2019s largest bank <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/06\/02\/russias-largest-bank-sberbank-launches-structured-bonds-tied-to-bitcoin\">Sberbank<\/a> and <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/06\/04\/moscow-exchange-launches-bitcoin-futures-for-qualified-investors\">Moscow Exchange<\/a> have already launched products tied to bitcoin (BTC).<\/p>\n<p>Cryptocurrencies have also been used to <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/03\/14\/russia-turns-to-crypto-to-bypass-western-sanctions-in-oil-trade-reuters\">circumvent Western sanctions<\/a> on Russia\u2019s oil trade. Reports suggest some Russian oil firms have used BTC, ETH, and some stablecoins to convert payments made in Chinese yuan and Indian rupees into rubles.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/03\/14\/russia-turns-to-crypto-to-bypass-western-sanctions-in-oil-trade-reuters\">Russia Turns to Crypto to Bypass Western Sanctions in Oil Trade: Reuters<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Russian state-owned manufacturing conglomerate Rostec, best known for its role in the country\u2019s military-industrial complex, plans to roll out a ruble-pegged token called RUBx alongside a payment hub dubbed RT-Pay before year-end. Each RUBx, according to state-owned news agency TASS, will represent one Russian ruble held in a treasury account. Rostec will run the token [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-35216","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35216"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35216\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}