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India to Launch RBI-Backed Digital Currency

By https://coinpedia.org/ on October 7, 2025

The post India to Launch RBI-Backed Digital Currency appeared first on Coinpedia Fintech News India is set to launch a new digital currency backed by the Reserve Bank of India (RBI). Commerce Minister Piyush Goyal said the RBI-backed currency will make transactions faster, safer, and more transparent, using blockchain technology similar to U.S. stablecoins. The move aims to replace traditional cash gradually while cutting paper use. India remains cautious …

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