Macro· ★★★· neutral·

Bank of Russia chief reports digital ruble launch to Putin: nearly 200,000 accounts

  • Nearly 200,000 digital ruble accounts opened in three weeks since the September 1 launch
  • Only 5,000 accounts were opened during the three-year pilot — a 40x increase
  • 36 Russian banks are connected to the digital ruble platform
  • The central bank is developing offline payments and studying cross-border settlement
Why it matters: The mass rollout expands Russia's state payment infrastructure and could reshape the role of stablecoins and crypto in domestic settlements.
Source: BeInCrypto RU