Wholesale CBDC Payment Systems and the Potential of the Digital Ruble in Cross-border Settlements

A new payment infrastructure based on central bank digital currencies (CBDCs) can improve the efficiency of cross-border payments. Currently, the main focus of research in this area is on creating and testing the advantages of multi-CBDC platforms: preliminary results indicate the potential for maki...

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Bibliographic Details

Published in:	Финансовый журнал
Main Authors:	Elena V. Sinelnikova-Muryleva, Elena D. Dzhaokhadze
Format:	Article
Language:	English
Published:	Financial Research Institute 2025-08-01
Subjects:	central bank digital currency retail cbdc wholesale cbdc digital ruble central bank crossborder settlements
Online Access:	https://www.finjournal-nifi.ru/images/FILES/Journal/Archive/2025/4/staii/02_4_2025_v17.pdf