Russian defense conglomerate Rostec to launch ruble-pegged stablecoin on TRON

Rostec, the Russian defense and technology conglomerate, announced on July 3 that it will introduce a ruble-pegged stablecoin and a linked payment network this year, utilizing Tron infrastructure. ...

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Russian defense conglomerate Rostec to launch ruble-pegged stablecoin on TRON

Source: CryptoSlate

Rostec, the Russian defense and technology conglomerate, announced on July 3 that it will introduce a ruble-pegged stablecoin and a linked payment network this year, utilizing Tron infrastructure. According to the Russian news agency TASS, Rostec named the token RUBx and set a one-to-one exchange rate with the ruble. Deputy General Director Alexander Nazarov stated that the corporation […]