India’s Central Bank Trials CBDC in Call Money Market – Is Ripple (XRP) or Stellar (XLM) Involved?

RBI begins a CBDC pilot in India’s call money market, with nine major banks participating. The central bank also launched a retail CBDC called e-rupee, with Rs 16.39 crore in circulation. The Reserve Bank of India (RBI) has recently taken a significant step in exploring central bank digital currency (CBDC) by initiating a pilot program […

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