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RBI Sees CBDC as Means to Internationalise Indian Rupee, Improve Cross Border Transactions

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Built like crypto but regulated by the RBI, India’s eRupee CBDC is currently under its advanced trial phase. The country’s apex bank, at this point, is looking at the eRupee to become a tool to improve India’s cross border transactions and take the INR to an international level.Built like crypto but regulated by the RBI, India’s eRupee CBDC is currently under its advanced trial phase. The country’s apex bank, at this point, is looking at the eRupee to become a tool to improve India’s cross border transactions and take the INR to an international level.