The Russian Central Bank has initiated tests for digital ruble smart contracts in Tatarstan. A working group formed by the local government will collaborate to explore the functionalities of the CBDC.
The testing will involve experimental spending of targeted funds using smart contracts and will pilot conditional subsidies to enhance digital ruble usability.
The testing is expected to conclude by the end of Q3 2025, led by Tatarstan’s Finance Minister, signaling continued optimism despite previous delays in the national rollout.