By the end of January, 50,000 people will be using CBDCR.
The Central Bank Digital Currency (CBDCRetail or eR) has gained popularity after a sluggish beginning. By the end of the month, there will be 50,000 CBDCR users, up from 16,000 at the moment. On December 1, the Reserve Bank of India began an eR pilot experiment. The digital money is doing fairly well, according to…