What are the Digital Ruble and BRICS Bridge?

https://sputnikglobe.com/20240916/leaving-the-dollar-based-system-for-good-what-are-the-digital-ruble-and-brics-bridge-1120169681.html

Leaving the Dollar-Based System for Good: What are the Digital Ruble and BRICS Bridge?

Leaving the Dollar-Based System for Good: What are the Digital Ruble and BRICS Bridge?

Sputnik International

By July 1, 2025, the largest Russian banks will have to provide their clients with the ability to conduct transactions in digital rubles, according to the Russian Central Bank. Pilot testing of the digital currency is underway with 12 banks participating in it.

2024-09-16T17:20+0000

2024-09-16T17:20+0000

2024-09-16T17:20+0000

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valentina matviyenko

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The digital ruble is an electronic form of national currency. It is a unique digital code – a token – that is stored in digital wallets on a special platform of the Central Bank. The bank intends to issue it as an addition to the existing means of payment. BRICS Bridge

https://sputnikglobe.com/20240904/brics-blockchain-payment-system-game-changer-amid-unstoppable-dedollarization—expert-1120012890.html

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digital ruble, brics bridge, dedollarization, dedollarisation, russian digital currency, alternative to swift, western sanctions, digital currencies, alternative to us dollar

By July 1, 2025, the largest Russian banks will have to provide their clients with the ability to conduct transactions in digital rubles, according to the Russian Central Bank. Pilot testing of the digital currency is underway with 12 banks participating in it.