India Plans For Wholesale CBDC Expansion into Call Money Markets and Retail CBDC to Reach 1 Billion Transactions Per Day
In an ambitious expansion of the Digital Rupee pilot studies, the Reserve Bank of India (RBI) is set to broaden the reach of its Central Bank Digital Currency (CBDC) initiatives. Notably, the wholesale CBDC is poised for integration into the interbank and call money market. Concurrently, the RBI harbors hopes of achieving a remarkable milestone […]