India’s Central Bank Governor Celebrates CBDC as Digital Rupee Surpasses 5 Million Users in Landmark Growth
India’s outgoing Reserve Bank of India (RBI) governor, Shaktikanta Das, has emphasized the country’s leading role in central bank digital currency (CBDC) development, highlighting its impressive growth with over 5 million users and 400,000 merchants participating in the digital rupee’s pilot since 2022. He believes CBDCs hold enormous potential for the future of currency. While ...