India’s Digital Rupee Crossed a Million Transactions in 1 Day With Some Help From Banks

CoinDesk has viewed a letter dated Dec. 29 by the Reserve Bank of India (RBI) Governor Shaktikanta Das to staff that said the usage of the e-rupee (CBDC) “exceeded the milestone of 1 million transactions in a day on Dec. 27, 2023.” A separate letter from one of the banks participating in the e-rupee pilot said it had been encouraged it to deposit employee funds and benefits using the CBDC, rather than use the existing fiat currency.

Source: https://www.coindesk.com/policy/2024/01/04/indias-digital-rupee-crossed-a-million-transactions-on-one-day-with-some-help-from-banks/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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