India’s Digital Rupee Gets Ambitious: RBI Explores Cross-Border Payments & New Features
India’s central bank isn’t just dipping toes—it’s diving headfirst into CBDC innovation. The Reserve Bank of India (RBI) is reportedly cooking up fresh functionality for its digital rupee, with cross-border transactions topping the menu.
Why it matters: While other central banks waffle, India’s pushing to make its digital currency a real-world tool—not just a bureaucratic vanity project. International payments could be the killer app that finally gets citizens to care.
The cynical take: Nothing unblocks blockchain adoption like governments realizing they can track every transaction. Suddenly, ‘financial inclusion’ becomes priority #1.