Russia’s Big Blockchain Bet: RT-Pay and RUBx – Are You Ready for This Wild Ride?
So, here’s the thing: RUBx is built on the Tron blockchain, and—wait for it—it’s actually backed by real rubles. Because what’s better than a virtual coin that’s totally tied to actual money? Nothing. Each RUBx is equivalent to a ruble. Simple, right? Except that the only issuer of this coin is Rostec, a massive state-owned tech conglomerate with ties to the military and everything else in Russia. Oh, and let’s not forget that these rubles come with legal guarantees, because, of course, everything is perfectly above board in Russia, always. 👀