Digital Ruble as a Factor in Strengthening the Monetary Sovereignty of the State

Abstract

The development of technology in the modern world has led to a change in the form of money from commodity, metal and paper to digital. The digital ruble opens up new opportunities and prospects for the state in the field of financing public tasks and functions. One of these is the opportunity to solve the problem of cash security in the public sector of the economy, while avoiding inflation, as well as dollar and export-commodity dependence of the national currency. The article proposes to create two digital platforms based on the digital ruble: a closed one for servicing government payments and an open one for payments made on private consumer markets; the rules for converting the digital ruble are considered; the position on the digital ruble as a new revenue source for financing government purposes is substantiated. As a result, it is noted that the use of the full potential of the digital ruble is a factor that strengthens the internal monetary sovereignty of the state.