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Rostec, a state-owned defense and technology conglomerate, will launch its stablecoin RUBx on the TRON ecosystem.

Russia’s Rostec Plans Blockchain Arsenal with New Ruble Stablecoin on TRON Network

Sanctioned cryptocurrency exchange Garantex’s alleged successor, Grinex, has processed over $9.3 billion of the Ruble-backed stablecoin A7A5. Speculations are rife about the nature of the token’s usage since the bulk of the transactions originated from only 124 wallets, as per a report by the Financial Times on 25 June 2025. Currently, users can only find..

Ruble-Backed A7A5 Stablecoin Sees $9.4B Volume on Grinex, Garantex’s Successor

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As the Russian government reportedly eyes ruble-backed stablecoins, a local industry executive warned that a viable “Tether replica” would require a lot of effort.

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Russia’s Rostec Plans Blockchain Arsenal with New Ruble Stablecoin on TRON Network

Ruble-Backed A7A5 Stablecoin Sees $9.4B Volume on Grinex, Garantex’s Successor

Russian ruble stablecoin: Exec lists 7 ‘Tether replica’ features

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