The Russian government has paid a monthly salary in digital rubles for the first time, indicating it’s ready to continue to do that upon request. The news comes almost a full year in advance of the planned launch of Russia’s coin for public use, which will be carried out in stages, beginning next fall. Russia […]The Russian government has paid a monthly salary in digital rubles for the first time, indicating it’s ready to continue to do that upon request. The news comes almost a full year in advance of the planned launch of Russia’s coin for public use, which will be carried out in stages, beginning next fall. Russia […]

Russia completes first salary payment in digital ruble

The Russian government has paid a monthly salary in digital rubles for the first time, indicating it’s ready to continue to do that upon request.

The news comes almost a full year in advance of the planned launch of Russia’s coin for public use, which will be carried out in stages, beginning next fall.

Russia starts paying digital ruble salaries on request

Russia has for the first time employed its central bank digital currency (CBDC) to pay a salary, the Ministry of Finance (Minfin) announced.

“The first budget payment in digital rubles has been successfully completed,” the department stated in a press release published on its website on Wednesday. It further detailed:

The department added that the experiment to introduce the sovereign coin into the budgetary process is being carried out jointly with the Central Bank of Russia (CBR), its issuer.

Starting from January 1, 2026, the Minfin and the CBR will enable transactions between digital ruble accounts, the ministry also unveiled.

The digital variant of the national fiat will be used for intra-budgetary transfers and to make various payments from the federal budget as well, explains the announcement.

The ministry noted that payments in digital rubles will be made only at a recipient’s request. It did not reveal, however, who was the first to ask to have their wages credited in CBDC.

Financial committee chair shares more

Russian media found out that the first digital ruble salary was paid to Anatoly Aksakov, chairman of the Committee on Financial Markets at the State Duma, the lower house of the Russian parliament.

Aksakov has been closely involved in legislative efforts to regulate digital financial assets in Russia and create the legal basis for the country’s own digital currency.

The lawmaker received the money in his wallet on the CBR’s dedicated platform and then joined the testing of the digital Russian ruble by making some payments, his press service told RBC.

The deputy transferred funds to the Life Line foundation for children with illnesses and to the SOS Children’s Villages charity for orphans.

He also used the coins to place an order at a Teremok restaurant, a fast food chain that offers traditional Russian dishes on its menu.

In July, Aksakov unveiled that he had asked relevant agencies to make him “the first person to start receiving a salary in digital rubles,” the business news outlet recalled.

Digital ruble to be launched in 2026

The Bank of Russia began developing its CBDC in 2021. Two years later, the Russian parliament adopted the necessary legislation for its introduction.

The CBR started trials later that same year, inviting a limited number of participants, including commercial banks, companies and private individuals.

The coin’s launch was initially planned for 2025, but the monetary authority postponed it for next year. Following a call from President Vladimir Putin for its wide adoption this summer, the regulator scheduled it for September 1, 2026.

The state-issued digital currency will be introduced in several stages. The dates were also approved by Russian lawmakers with a special law, which Putin signed in July.

In June, the Moscow Metro, the subway system of the Russian capital, announced it had made its first digital ruble payment.

In August, Russia registered the first real estate deal sealed using the government cryptocurrency, as reported by Cryptopolitan.

And in September, St. Petersburg’s Pulkovo Airport, Russia’s second busiest, accepted digital rubles from a visitor who paid for parking, using his smartphone to scan a QR code. The air transit hub plans to introduce the CBDC payment option for other services in the future.

KEY Difference Wire: the secret tool crypto projects use to get guaranteed media coverage

Market Opportunity
READY Logo
READY Price(READY)
$0.018065
$0.018065$0.018065
-1.52%
USD
READY (READY) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Michaël van de Poppe voorspelt grote rotatie naar Bitcoin: BTC-goudratio geeft bullish signaal

Michaël van de Poppe voorspelt grote rotatie naar Bitcoin: BTC-goudratio geeft bullish signaal

Bekend crypto-analist Michaël van de Poppe ziet een krachtige trendomslag op komst in de verhouding tussen Bitcoin (BTC) en goud. Volgens hem vertoont de zogeheten
Share
Coinstats2026/01/01 05:16
Pibble AI platform: Revolutionary AION Completes POSCO International POC with Stunning Success

Pibble AI platform: Revolutionary AION Completes POSCO International POC with Stunning Success

BitcoinWorld Pibble AI platform: Revolutionary AION Completes POSCO International POC with Stunning Success The world of trade is constantly evolving, with businesses seeking innovative solutions to enhance efficiency and accuracy. In this dynamic landscape, the Pibble AI platform AION has emerged as a groundbreaking force, recently completing a significant Proof-of-Concept (POC) with global trading giant POSCO International. This achievement signals a major leap forward in how artificial intelligence and blockchain technology can revolutionize B2B operations. What is the Pibble AI Platform AION and Its Recent Breakthrough? AION is an advanced AI trade solution developed by Caramel Bay, the innovative operator behind the Pibble (PIB) blockchain project. Its core mission is to streamline complex trade processes, which traditionally involve extensive manual labor and time-consuming documentation. The recent POC with POSCO International was a pivotal moment for the Pibble AI platform. It served as a real-world test, demonstrating AION’s capabilities in a demanding corporate environment. This collaboration showcased how cutting-edge technology can address practical business challenges, particularly in international trade. The results were truly impressive. The platform proved its ability to drastically cut down the time required for specific tasks. What once took hours of meticulous work can now be completed in mere minutes. Moreover, AION achieved an astonishing document accuracy rate of over 95%, setting a new benchmark for efficiency and reliability in trade operations. This high level of precision is crucial for reducing errors and associated costs in large-scale international transactions. Revolutionizing Trade: How the Pibble AI Platform Delivers Speed and Accuracy Imagine reducing hours of work to just minutes while simultaneously boosting accuracy. This isn’t a futuristic fantasy; it’s the tangible reality delivered by the Pibble AI platform AION. The successful POC with POSCO International vividly illustrates the transformative power of this technology. Key benefits highlighted during the POC include: Unprecedented Speed: Tasks that typically consumed significant human resources and time were executed with remarkable swiftness. This acceleration translates directly into faster transaction cycles and improved operational flow for businesses. Superior Accuracy: Achieving over 95% document accuracy is a monumental feat in an industry where even minor errors can lead to substantial financial losses and logistical nightmares. AION’s precision minimizes risks and enhances trust in digital documentation. Operational Efficiency: By automating and optimizing critical trade processes, the Pibble AI platform frees up human capital. Employees can then focus on more strategic tasks that require human intuition and decision-making, rather than repetitive data entry or verification. This efficiency isn’t just about saving time; it’s about creating a more robust, less error-prone system that can handle the complexities of global trade with ease. The implications for businesses involved in import/export, logistics, and supply chain management are profound. Beyond the POC: Pibble’s Vision for AI and Blockchain Integration The successful POC with POSCO International is just one step in Pibble’s ambitious journey. The company is dedicated to building validated platforms that leverage both blockchain and AI technologies, catering to a broad spectrum of needs. Pibble’s strategic focus encompasses: B2C Social Platforms: Developing consumer-facing applications that integrate blockchain for enhanced data security, content ownership, and user engagement. B2B Business Solutions: Expanding on successes like AION to offer robust, scalable solutions for various industries, addressing critical business challenges with AI-driven insights and blockchain transparency. The synergy between AI and blockchain is powerful. AI provides the intelligence for automation and optimization, while blockchain offers immutable records, transparency, and enhanced security. Together, they create a formidable foundation for future digital ecosystems. As the digital transformation accelerates, platforms like the Pibble AI platform are poised to play a crucial role in shaping how businesses operate and interact globally. Their commitment to innovation and practical application demonstrates a clear path forward for enterprise-grade blockchain and AI solutions. In conclusion, the successful POC of Pibble’s AION with POSCO International marks a significant milestone in the adoption of AI and blockchain in enterprise solutions. By dramatically reducing task times and achieving exceptional accuracy, the Pibble AI platform has demonstrated its potential to redefine efficiency in global trade. This achievement not only validates Caramel Bay’s vision but also paves the way for a future where intelligent, secure, and highly efficient digital platforms drive business success. It’s an exciting glimpse into the future of B2B innovation. Frequently Asked Questions (FAQs) Q1: What is the Pibble AI platform AION? AION is an advanced AI trade solution developed by Caramel Bay, the company behind the Pibble blockchain project. It’s designed to automate and optimize complex trade processes, reducing manual effort and improving accuracy. Q2: What was the significance of the POC with POSCO International? The Proof-of-Concept (POC) with POSCO International demonstrated AION’s real-world effectiveness. It showed that the Pibble AI platform could reduce tasks from hours to minutes and achieve over 95% document accuracy in a demanding corporate environment, validating its capabilities. Q3: How does AION achieve such high accuracy and speed? AION leverages sophisticated artificial intelligence algorithms to process and verify trade documentation. This AI-driven approach allows for rapid analysis and identification of discrepancies, leading to significant time savings and a dramatic reduction in human error. Q4: What is Pibble’s broader vision beyond B2B solutions? Pibble is committed to integrating blockchain and AI across various platforms. While AION focuses on B2B solutions, Pibble also develops B2C social platforms, aiming to enhance user experience, data security, and content ownership through these advanced technologies. Q5: Why is the combination of AI and blockchain important for trade? AI provides the intelligence for automation and optimization, making processes faster and more accurate. Blockchain, on the other hand, offers immutable records, transparency, and enhanced security, ensuring that trade data is reliable and tamper-proof. Together, they create a powerful, trustworthy, and efficient trade ecosystem. If you found this insight into Pibble’s groundbreaking achievements inspiring, consider sharing this article with your network! Help us spread the word about how AI and blockchain are transforming global trade. Your shares on social media platforms like X (Twitter), LinkedIn, and Facebook can help more people discover the future of business solutions. To learn more about the latest crypto market trends, explore our article on key developments shaping AI in crypto institutional adoption. This post Pibble AI platform: Revolutionary AION Completes POSCO International POC with Stunning Success first appeared on BitcoinWorld.
Share
Coinstats2025/09/18 19:45
Perpetuals DEX Volume Hit $7.9T in 2025 as Onchain Trading Scales

Perpetuals DEX Volume Hit $7.9T in 2025 as Onchain Trading Scales

The post Perpetuals DEX Volume Hit $7.9T in 2025 as Onchain Trading Scales appeared on BitcoinEthereumNews.com. Perpetuals decentralized exchanges are closing 2025
Share
BitcoinEthereumNews2026/01/01 05:51