Digital Ruble

Research

Belarus

Central Bank(s)

Central Bank of Belarus

Announcement Year

2023

Status

Research

Retail/Wholesale

Retail

Structure

Token

Technology

Hyperledger Fabric

DLT / non-DLT

DLT

Main motivation/goals of the CBDC

The motivation of the National Bank of Belarus is to keep up with modern trends and approaches, while also preparing for the potential of other countries introducing their own digital currencies. The digital ruble could also offer benefits for cross-border payments, providing citizens and legal entities with high-quality services.

Link to announcement

interfax.com

Timeline

Last update: April 2025

April 2025

Updated data

Link to announcement: interfax.com

January 2024

Added data

Structure: Token

Technology: Hyperledger Fabric

DLT / non-DLT: DLT

Updated data

Link to announcement: neg.by

April 2023

Status updated

None Research

Added data

Announcement Year: 2023

Retail/Wholesale: Retail

Main motivation/goals of the CBDC: The motivation of the National Bank of Belarus is to keep up with modern trends and approaches, while also preparing for the potential of other countries introducing their own digital currencies. The digital ruble could also offer benefits for cross-border payments, providing citizens and legal entities with high-quality services.

Link to announcement: www.belta.by

Country / Region: Belarus

Central Bank(s): Central Bank of Belarus

News

No recent news found for this currency.