Russia’s largest bank joins digital ruble pilot program

The digital ruble, Russia’s central bank digital currency (CBDC), is gaining traction as Sberbank, the country’s largest bank, joins the pilot program. This move marks a significant step toward the wider adoption of the digital ruble, which aims to revolutionize the financial landscape in Russia. As the pilot program progresses, Sberbank will work alongside other participating banks and organizations to explore the potential of the digital ruble, paving the way for a more efficient, secure, and innovative digital financial ecosystem in Russia.