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Rostec Launches RUBx Token and RT-Pay Platform

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by Giorgi Kostiuk

9 hours ago


The state corporation Rostec has announced the launch of a new digital token RUBx and a payment platform RT-Pay, developed as part of its digital transformation strategy.

Launch of RUBx Token and RT-Pay Platform

Rostec, a major developer and manufacturer of military and technological equipment, has introduced the RUBx token and the RT-Pay platform. These innovations aim to provide safe and efficient payments for businesses and individuals.

Technical Specifications of RUBx Token

RUBx is based on the Tron blockchain and will be verified by the independent international firm CertiK. The token is pegged to the Russian ruble in a 1:1 ratio, with its code to be published on GitHub.

Digital Financial Sovereignty Strategy

Rostec sees RUBx and RT-Pay as a step towards strengthening Russia's digital financial sovereignty. The platform will be integrated into the existing banking infrastructure, allowing for settlements with external digital wallets.

The launch of RUBx and RT-Pay represents a significant step for Russia in light of international sanctions, opening new opportunities for digital payments and reinforcing the country's financial independence.

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