The Reserve Bank of India (RBI) is on course to expand the frontiers of its Central Bank Digital Currency (CBDC), the “digital rupee” as it negotiates with foreign countries to adopt cross-border payment systems.
The bank is currently in talks with its counterpart in at least 18 countries on ways to facilitate trade between countries that lack US dollar reserves. ... Read More: India Fosters Global Cross-Border Payments For The Digital Rupee