THE USE OF DIGITAL FINANCIAL ASSETS FOR THE PLACEMENT AND ATTRACTION OF FUNDS TO THE TREASURY SINGLE ACCOUNT

The article presents the results of a study of new objects – digital financial assets, including their digital nature, legal aspects and the economic essence of the main participants in their issuance and circulation, information system operators and exchange operators, as well as the use of blockchain technology and smart contracts. The purpose of the study is to analyze the advantages and disadvantages of digital financial assets in terms of their use in both the commercial and public sectors. The article presents the results of a study of the digital financial assets market in the Russian Federation in 2023-2024. The methodological basis of the research was a systematic analysis and logical generalization of the provisions of Russian legislative and regulatory documents, analytical materials on the existing practice of using digital financial assets, special literature, publications of Russian and foreign scientists and specialists. The practical significance of the research results lies in the development of proposals for the use of digital financial assets in public finance management, as an alternative tool for the Ministry of Finance of the Russian Federation to attract funds to the federal budget in the long term, instead of federal loan bonds and Eurobonds., as well as the use of digital financial assets in managing the liquidity of funds in a treasury single account as a financial instrument for attracting short-term liquidity to the treasury single account and providing collateral in repo transactions conducted by the Federal Treasury. The results obtained are aimed at improving the management of public finances and the development of financial markets, generating additional revenues to the budgets of the budgetary system of the Russian Federation.

digitalization of the economy, digital finan- cial assets, hybrid digital financial assets, information system operator, digital financial asset exchange operator, Federal Treasury, liquidity management, treasury single account, fund- raising, collateral instruments, repo transactions, assignment of debt in deposit operations

Shubina L. V. The use of digital financial assets for the placement and attraction of funds to the treasury single account. Biznes. Obrazovanie. Pravo = Business. Education. Law. 2025;3(72):186—194. DOI: 10.25683/VOLBI.2025.72.1403.