Indian central bank: More than 5 million digital rupee users and 420,000 merchants participate in CBDC pilot

Odaily News India's central bank RBI revealed that as of June, 5 million digital rupee users and 420,000 merchants participated in the retail central bank digital currency (CBDC) pilot. RBI emphasized that the digital rupee is designed to supplement cash and existing payment systems and provide services to the wholesale and retail sectors. (Bitcoin.com)