Bank of Russia concerns assessment paper on digital ruble
The bank likewise kept in mind that a CBDC like the digital ruble will lower the threat of capital outflow, specifying: The nationwide digital currency will likewise restrict the threat of reallocation of funds into foreign digital currencies, contributing to monetary and macroeconomic stability. “According to the bank, users will be able to access the digital ruble on their e-wallets and mobile gadgets, and will be offered for usage both online and offline.”Thus, the digital ruble will supplement the financial flow and will be utilized concurrently with money rubles and funds of the population and business in accounts with business banks,”the bank stated.
