RBI DG Sankar ka dhamaka: Stablecoins se trust khatre mein!

RBI Deputy Governor T Rabi Sankar ne kaha hai, stablecoins se currency aur financial system ka trust khatre mein hai! Kya yeh acceptable hai? UPI, RTGS, aur NEFT ke saath stablecoins ki zaroorat nahi hai! Sankar ne CBDCs ki taraf dhyaan diya, kehkar, 'char siddhant hain: trust bachao, sovereignty rakho, innovation ko aage badhao, aur regulated finance ko majboot karo!' Desh dekh raha 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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