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Russian Finance Minister: Ruble Is “Strong,” Enhances Budget Traceability

Anton Siluanov, Russia’s finance minister, said the digital ruble, Russia’s CBDC, is a “strong” and “reliable” alternative to the fiat ruble. He said the digital ruble has special potential for budgetary payments, enhancing control and traceability. Russian Finance Minister Reinforces Potential of Digital Ruble for Budgetary Settlements While stablecoins have become the de facto killer […] Also read: Tiffany Data Breach Exposes Gift Card Risks and Blockchain Solutions