RBI DG Sankar: Stablecoins se risk, CBDC hi raasta hai

RBI DG T Rabi Sankar ne kaha hai ki stablecoins ko lekar India ko savdhani baratni chahiye. Unhone Mint BFSI Conclave 2025 mein yeh bataya ki stablecoins se currency aur financial system ka trust khatam ho sakta hai. Unhone chaar principles outline kiye: trust, sovereignty, CBDC-led innovation, aur regulated system ko strong rakhna zaroori hai.

Quick rundown

India's stablecoin policy is driven by domestic priorities.
Stablecoins lack the basic attributes of money, says RBI deputy governor.
CBDCs are seen as superior to stablecoins for monetary stability.
India's payments landscape is already highly efficient with UPI, RTGS, and NEFT.
Interoperable CBDC arrangements can enhance cross-border payment efficiency.

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