1. Home
  2. bitcoin.com
  3. India’s Digital Rupee Usage Drops Drastically After Initial Surge
India’s Digital Rupee Usage Drops Drastically After Initial Surge

India’s Digital Rupee Usage Drops Drastically After Initial Surge

0

Source: Bitcoin.com

India's Digital Rupee Usage Drops Drastically After Initial SurgeIndia’s central bank digital currency (CBDC), the digital rupee, has experienced a significant decline in usage, decreasing to a tenth of its peak in December 2023, according to sources involved in the pilot project. The Reserve Bank of India (RBI) initially reached 1 million daily retail transactions with the digital rupee by incentivizing banks and […]

Go to Source
Author: Bitcoin.com