RBI warns about stablecoins, pushes for CBDCs instead

The Reserve Bank of India is sounding the alarm on crypto and stablecoins! They say CBDCs are the way to go because they keep trust and stability in check. With over 120 million transactions in their CBDC pilot, it looks like they're onto something big, while stablecoins face risks that could shake things up in emerging economies like India.

Quick rundown

1.RBI prefers CBDCs over stablecoins for financial stability.

2.Stablecoins pose risks to macrofinancial stability, says RBI.

3.RBI's retail CBDC pilot has crossed 120 million transactions.

4.Stablecoins can complicate capital flow management in India.

5.RBI advocates for sovereign digital infrastructure to preserve monetary sovereignty.

RBI DG T Rabi Sankar: Stablecoins might shake trust
RBI DG T Rabi Sankar: Stablecoins might shake trust
At the Mint Annual BFSI Conclave 2025, RBI DG T Rabi Sankar said stablecoins might shake up trust in India's currency. He pointed out that stablecoins don’t bring anything special compared to regular money, praising India's smooth payment systems like UPI and RTGS. He laid out four rules to keep things steady and promote cool innovations like CBDCs.
02:55 pm on Friday, 12 December, 2025
India rolls into top 10 for crypto use with stablecoin boom
India rolls into top 10 for crypto use with stablecoin boom
Yo, check it! India just cruised into the global top 10 for crypto, landing at ninth place, all thanks to that stablecoin wave, baby! Millions are using these digital gems for saving, sending cash, and even getting paid. With crypto salaries rising like dough, India’s on that retail vibe, showing the world how to keep it practical. Buckle up, g, the crypto ride is just getting started!
04:50 am on Friday, 12 December, 2025
RBI's NSFI 2025-30: A Financial Revolution for Everyone
RBI's NSFI 2025-30: A Financial Revolution for Everyone
Folks, RBI just dropped the NSFI 2025-30, and it's HUGE! Last-mile access for everyone, banking outlets everywhere, and a big push for women in finance — 30% women BCs, can you believe it? Panch-Jyoti is the plan, and it's gonna be tremendous! We're talking about programmable CBDC pilots and a Jansuraksha portal to make everything seamless. It's all about winning for the people, folks!
07:40 pm on Monday, 1 December, 2025
Rupee's Wild Ride: RBI's Dollar Dilemma Exposed!
Rupee's Wild Ride: RBI's Dollar Dilemma Exposed!
Folks, the rupee is taking a nosedive—huge! Investors are sweating bullets while the RBI plays it cool with a $64 billion short-dollar position. It's like trying to stop a freight train with a rubber band! With tariffs hitting harder than ever and imports soaring, the rupee is now the weakest in Asia. But don't worry, the RBI's got a plan—letting the rupee absorb the shock. Smart move!
03:10 am on Wednesday, 17 December, 2025
RBI's December Bulletin: GDP Growth is Sizzling, But Beware!
RBI's December Bulletin: GDP Growth is Sizzling, But Beware!
Listen up! RBI's December bulletin reveals an 8.2% GDP growth—the best in six quarters! November's numbers are sizzling with e-way bills and digital payments, but GST receipts are a bit undercooked. Sanjay Malhotra sees resilience, but some signs hint at a slowdown. Inflation’s at 0.7%, and liquidity is calm. This isn’t a picnic; it’s serious business!
04:15 pm on Monday, 22 December, 2025

Series

View All

Cricket