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India’s Digital Rupee Pilot Emerges as CBDC Benchmark, Says Polygon Labs Executive
India’s Digital Rupee Pilot Emerges as CBDC Benchmark, Says Polygon Labs Executive
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India’s central bank digital currency (CBDC) pilot program is setting global standards for implementation, according to Polygon Labs’ payments lead. The initiative demonstrates how sovereign digital currencies can streamline monetary policy execution while reducing physical cash management costs.
Globally, CBDC adoption remains sluggish despite widespread central bank experimentation. India’s technical approach—leveraging its existing digital infrastructure—provides a replicable model for other nations navigating the transition to programmable money.
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