The basket of EAEU national currencies as a basis for collective digital currency of the participating countries

The article analyzes the possibilities of deepening the integration of the Eurasian Economic Union (EAEU) by increasing the share of national currencies of the participating countries in the currency structure of mutual trade and further emission of collective digital currency. To substantiate the feasibility of issuing collective currency based on a basket of currencies of the grouping countries, the article presents a two-stage econometric model. It demonstrates the dependence of the volume of the mutual trade turnover in national currencies on the total GDP of the EAEU countries, the volume of Russian exports to the EAEU countries, the unemployment rate in Russia, and the yield level of OFZs with full redemption after 2 years. It is concluded that the digital form of EAEU collective currency would allow the participating countries to deepen economic integration without abandoning national currencies.