RusHydro Executes 130 Digital Ruble Transactions Worth 565M RUB

RusHydro, a major Russian state-controlled hydropower company, conducted about 130 digital ruble transactions with individuals and legal entities in September, totaling over 565 million rubles. This marks a notable adoption of Russia's central bank digital currency (CBDC) by a large corporate entity, signaling progress in the Bank of Russia's digital ruble rollout. The development is significant for the trajectory of Russia's CBDC implementation, though it remains a single corporate case and not a broad market shift.