Russian Citizens’ Trust in CBDC: Survey Results and Concerns

Russian Citizens’ Trust in CBDC: Survey Results and Concerns

According to a recent survey conducted by the Saint Petersburg Exchange and the Russian Trading System (RTS), over half of Russian citizens are open to the idea of using a central bank digital currency (CBDC). However, when it comes to storing more than 20,000 rubles ($212), only 17% of respondents trust the digital ruble. The survey, which involved over 2,000 participants aged 18 to 65, revealed that 58.3% are theoretically willing to invest in CBDC, with the majority comfortable storing a sum ranging from 5,000 to 20,000 rubles. The main obstacles mentioned by respondents include a lack of information about the technology (22%) and concerns about cyber theft and system failures (21%).


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