*Walter Bloomberg(@DeItaone):RUSSIA, INDIA EXPLORE DIGITAL CURRENCY TRADE SETTLEMENTS Russia and India’s central banks are working on a mechanism to use digital currencies for bilateral trade payments, according to Sberbank CEO Herman Gref. The initiative could enable faster cross-border settlements and reduce reliance on SWIFT, as BRICS members explore closer payment-system integration. Russia and India aim to expand bilateral trade to $100 billion by 2030.

2026.09.11 11:06

RUSSIA, INDIA EXPLORE DIGITAL CURRENCY TRADE SETTLEMENTS Russia and India’s central banks are working on a mechanism to use digital currencies for bilateral trade payments, according to Sberbank CEO Herman Gref. The initiative could enable faster cross-border settlements and reduce reliance on SWIFT, as BRICS members explore closer payment-system integration. Russia and India aim to expand bilateral trade to $100 billion by 2030.