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📅 July 3, 7:00 – July 9,
Russian state-owned arms company launches on-chain Ruble stablecoin RUBx on the Tron network! Is Sun Yuchen skillfully navigating between the US and Russia?
The large Russian military-industrial enterprise Rostec will issue the ruble stablecoin RUBx on Tron, which inevitably evokes the feeling of Sun Yuchen delving deep into the American political crypto circle while assisting Russia in strengthening its financial sovereignty, with the Tron blockchain becoming a new stage for major powers. (Background: Eric Trump, the son of Trump, denied joining the new company going public via Tron shell, SRM Entertainment's stock skyrocketed 533% overnight.) (Additional background: TRON initiated the minting of USD1, opening a new chapter in the stablecoin ecosystem.) The Russian state-owned technology group Rostec announced that it will launch the ruble stablecoin RUBx and the payment platform RT-Pay on the Tron blockchain by the end of the year. This news has already attracted attention on Wall Street; it is not just a new move by Moscow to bypass currency sanctions and digitalize the ruble, but also signifies that Tron founder Sun Yuchen is once again standing on the geopolitical stage. RUBx: A protective shield for the ruble on-chain According to Rostec's announcement, RUBx will be pegged to the ruble at a 1:1 ratio and supported by legitimate ruble reserves. RT-Pay will integrate with the existing banking system in Russia, allowing external wallets or smart contracts to connect directly, further weakening the constraints imposed by SWIFT restrictions. The source code is expected to be made public on GitHub and will undergo security verification by the international crypto auditing firm CertiK to enhance transparency and comply with AML and CTF regulations. Why did Russia choose Tron? Just look at the circulating supply of USDT to understand; Tron is known for its low transaction fees and currency scalability, which is particularly important for Russia, with its large retail payment needs. For Sun Yuchen, this cooperation once again reflects his ability to maneuver in sensitive political areas. On the other hand, the legal dispute between Tron and the U.S. SEC was suspended earlier this year; he is still actively engaging with the Trump family and Republican camp through donations and investments. Russia's choice of Tron also signifies that this public chain can obtain development resources and market voice internationally, forming a balance of technical, capital, and policy considerations. Concerns about regulation brought by the 'Russian bet' Tron was previously labeled by the U.S. Treasury as a conduit for the Russian cybercrime group Aeza to transfer funds, with approximately $350,000 in related assets frozen. Now that RUBx is going live, Washington will inevitably reassess whether Tron provides a loophole for sanctions for Russia. If the U.S. determines that RUBx threatens financial security, it may retaliate with secondary sanctions or a trading blacklist, further testing the political space of Sun Yuchen's blockchain in the U.S. Stablecoins have become a national-level chip Taking El Salvador's Bitcoin as legal tender as an example, the U.S. is hastening the creation of stablecoin legislation, and now Russia's Rostec is targeting Tron to create a stablecoin, using a decentralized platform to strengthen currency power. By 2025, it will not only be a stage for entrepreneurs but also a tool for countries to expand financial sovereignty. Tron may currently be in a tug-of-war between both sides; if it successfully maintains balance between the U.S. and Russia, Tron will solidify its position in the public chain landscape. However, in the future, Tron may face both U.S. sanctions and a crisis of confidence in Moscow simultaneously. Related reports: Zelensky: Captured 2 Chinese soldiers fighting for Russia! Demand an explanation from Beijing. Russia mined 54,000 BTC last year; Putin: Russia has become a global leader in crypto mining. <Russian state arms enterprise uses Tron on-chain ruble stablecoin RUBx! Is Sun Yuchen skillfully navigating between the U.S. and Russia?> This article was first published in BlockTempo, the most influential blockchain news media.