India negotiates cross-border CBDC payments with global central banks

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India negotiates cross-border CBDC payments with global central banks
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🇮🇳 Reserve Bank of India is in talks 🤙 with global central banks for cross-border e-rupi CBDC payments.

The Reserve Bank of India is currently in dialogue with its counterparts from at least 18 other countries on the possibility of cross-border payments in the “digital rupee”.appeared

During his June speech in London, Das emphasized the importance of foreign trade infrastructure for the “digital rupee”, which was set to reach 1 million users domestically by the beginning of July: “In India, we have no shortage of dollars, but in some other markets, due to a shortage of dollars, they are unable to do imports.”

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