Russia Launches Rosveksel to Revolutionize Cross-Border Trade Payments

A bold move to reshape global trade: Russia’s state-backed platform offers gold security and currency flexibility. Will traders embrace this financial shift?

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2025 November 22 . 8:20 PM

1 min read

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Russia Launches Rosveksel to Revolutionize Cross-Border Trade Payments

A new financial platform called Rosveksel has been launched to support Russia’s cross-border trade. The system offers gold-backed settlement tools for exporters and importers. It also allows payments to foreign partners in any currency using promissory notes.

Rosveksel was developed through a partnership between the state and private companies. Its goal is to strengthen Russia’s financial independence by providing secure payment options for international trade. The platform’s promissory notes can be used for transactions with foreign counterparties, regardless of the currency involved.

Rosveksel’s launch marks a step toward creating a more independent financial infrastructure for Russia. The platform’s gold-backed tools and flexible payment options aim to simplify cross-border transactions. Its success will depend on adoption by traders and investors in the coming years.