The Russian banks MTS and PSB have begun testing the digital ruble, with “entrepreneurs” using the CBDC to pay for “services.”
The nation’s Central Bank has fast-tracked its CBDC project in recent weeks, and is eyeing a 2025-2027 national rollout.
The banks, along with the likes of VTB Bank, say that their customers and employees have carried out “real-world” transactions with the coin after advanced pilots began last week….
Read More: Russian Banks MTS, PSB Say Customers Are Now Using Digital Ruble