The Bank of Russia has stated that the launch of the digital ruble, the country's central bank digital currency (CBDC), will not impact the state's ability to control inflation or the amount of money issued. The bank clarified that the digital ruble will not pose any risks to the financial stability of the country and will not change the functions of the banking system. The CBDC will be a retail currency, allowing users to make direct payments with it. Analysts are concerned about the potential effects of the digital ruble on the Russian economy, but the bank believes it will not have an inflationary impact and will only increase the demand for cash and funds in bank accounts, without impacting money issuance. The bank also stated that the current two-tier system will be maintained, with credit institutions serving as lenders and offering custody for people's savings. The bank expects widespread adoption of the digital ruble by 2025.



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