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Indian digital rupee crosses 1 million transactions in a day

Indian digital rupee crosses 1 million transactions in a day

CointimeCointime2024/01/04 15:47
By:Cointime

The Reserve Bank of India's digital currency, the digital rupee, surpassed 1 million transactions in a single day on December 27, 2023. Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), wrote in a letter to employees on December 29 that the daily usage of the electronic rupee (CBDC) had "surpassed the milestone of 1 million transactions," and a bank participating in the electronic rupee pilot program encouraged its use for employee funds and benefits instead of using existing fiat currencies.

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