Rostec’s RUBx Stablecoin: Russia’s Digital Ruble Revolution!
According to a local news report, Rostec stated that RUBx Tokens are fully backed by real rubles. This implies that one Russian ruble will be kept in reserve to each RUBx in circulation. Deputy General Director of Rostec Alexander Nazarov said that this support is legally ensured. He added that the system is to be introduced this year, with Rostec being its primary operator.