Russia’s digital ruble accounts top 220K in first month, nearly 4X central bank forecast

Read original at CoinTelegraph·

Russia’s digital ruble accounts top 220K in first month, nearly 4X central bank forecast

60-second summary

Russia’s digital ruble reaches over 220,000 registered accounts in its first month, almost four times the Central Bank’s forecast of 60,000. The rapid adoption coincides with BRICS nations discussing inter‑linking their own CBDCs for cross‑border trade, suggesting that heightened demand could accelerate broader digital‑currency integration and boost the ruble’s international usage.

The digital ruble’s early uptake comes as BRICS nations explore linking their digital currencies for cross-border trade and payments.