Translation: Russian Central Bank Governor Forecasts CBDC as an Inevitable Part of Daily Life by 2031
Publication Time:2024-08-02 10:01:06
According to CryptoSlate's report, Elvira Nabiullina, the Governor of the Russian Central Bank, revealed in an interview that she firmly believes that Central Bank Digital Currencies (CBDC) will become an integral part of people's daily lives within the next decade. Nabiullina emphasized that the key advantage of the Digital Ruble is its low and even negligible transaction costs, which will significantly facilitate the global adoption and application of CBDC. She predicts that as technology continues to advance and the demand for digital currencies grows worldwide, CBDCs will gradually replace traditional cash and credit cards as payment methods, becoming one of the mainstream means of payment.
CBDC
transaction fees
Digital Ruble
Central Bank Digital Currency
Daily Life