CBDC

India bargains with international central banks about cross-border CBDC payments.

The CBDC seeks to increase the country’s capacity for international trade with countries without U.S. dollar reserves. The Reserve Bank of India (RBI) is presently in talks with counterparts from at least 18 other nations on the potential for international payment transactions with its central bank digital currency (CBDC), the “digital rupee.” The Economic Times…

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