Bank of Russia governor says ‘everything is ready’ for widespread use of digital ruble ahead of September rollout

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The Bank of Russia's governor confidently states that all is set for the widespread use of the digital ruble, poised for a September rollout. The central bank is also exploring the use of stablecoins for international settlements, but only as a complementary tool to the digital ruble, not a replacement. This move is expected to boost Russia's digital payment ecosystem.