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CBDC Transactions Soar Past 150 Million, Cash Flow Steady

CBDC Transactions Soar Past 150 Million, Cash Flow Steady

Yo, listen up! The RBI's T Rabi Sankar just dropped some knowledge: CBDC transactions are rollin' past 150 million, stackin' over Rs 34,000 crore. They’re workin’ on that smooth programmability, but no rush, G! They want everything tight before they go global. Patience is the name of the game, fo’ shizzle!

Quick rundown

  1. CBDC transactions have surpassed 150 million.
  2. RBI is focusing on programmability for CBDC.
  3. CBDC is seen as the future of payments.
  4. RBI plans an SRO-based approach for tech regulation.
  5. AI sandbox with curated databases is in the works.

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