Digital transformation of the world monetary system: prospects and challenges

Abstract

Today, the world monetary system faces a number of problems: fragmentation of countries' currency policies and devaluation of national currencies. The purpose of this article is to study the reforming of the world monetary system. It should be noted that today the financial market is more influenced by digitalization. The actual task: to study how the introduction of the digital ruble will contribute to optimizing the circulation of national currencies and strengthening the stability of the financial system.