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Tag: what is e-rupee

India CBDC e-Rupee
Crypto payment technology

RBI’s CBDC Retail Update: 16,000 testers so far

  • Blockmagic
  • Posted on January 11, 2023

The E-Rupee trial in the retail segment by RBI has clocked around 16,000 testers. The digital currency is currently designated CBDC-R (e₹-R). There are currently two pilots underway, one for retail and wholesale segment each. The retail pilot has done processing of Rs 64 lakh worth of transactions. After thorough research and sharing a concept…

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