The Official Russian ERuble, (stellar-cryptoruble.digital) Issuser Address: GAILSTAETVKSXR3VGWXNOEAFKBSPYFIMLLJXKWZSLOQOEOERFFKUG7SN ICO On 22/08/2023 CB:360,000%
Project Aurora asset
Over the past 18 months, banks have been busy testing functionality and interoperability of the digital ruble through a partnership with CryptoRussians.ru and their test assets
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Today we celebrate the 1st day of the 2023 BRICS Summit with the launch of the Official Russian Stablecoin to the world: ERUBLE ⚡️?⚡️
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To support increased transparency and legal adoption of Stellar's ecosystem, ERuble has been programmed with authorization flags that allow the CBDC to freeze blacklisted wallets (accounts held by criminals, hackers, scammers), clawback functionality to help victims of crimes recoup their funds, and self-adjusting offline access to ensure 24/7 usage anywhere in the world to promote trust and security
These measures help curb bribery, corruption, laundering, and other criminal activities, while ensuring fairness, speed, and reduced fees for all users, retail and institutional
Unlike private stablecoins whose redemption at par is not guaranteed, making them unreliable as well as unstable, ERuble is fully backed by the gold reserves of the Bank of Russia and is classified as Highly Valuable Liquid Assets (https://cryptonews.com/news/russian-central-bank-digital-rubles-will-classified-as-highly-valuable-liquid-assets.htm)
Starting today, ERubles are now accepted in select stores across 11 Russian cities, including the Moscow Metro (https://www.nfcw.com/2023/08/22/385279/moscow-metro-to-trial-digital-ruble-for-fare-payments/) through a QR code in the mobile bank app. In the future, NFC contactless technology will also be integrated (https://www.barrons.com/news/russia-launches-test-phase-for-digital-ruble-86a28704)
Stellar Humanitarian Wealth Transfer:
? Passive Income Assets (https://t.me/QuantumStellarInitiative/22968)
? Project Aurora & Ukaz (https://t.me/QuantumStellarInitiative/21777)