Macro· ★★★· neutral·

Russia's Digital Ruble Hits 270,000 Accounts After September Launch

  • —270,000 digital ruble accounts opened, 15,000 by legal entities
  • —Account count rose from 87,000 on September 11
  • —Subscription service to launch in late November
  • —Finance Ministry allows staff to receive salaries in digital rubles
Why it matters: Russia's large-scale CBDC rollout sets a precedent for other central banks and sharpens competition with private stablecoins.
Source: Bitcoin.com