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coinpedia 2024-11-25 03:43:54

India’s RBI Boosts Cross-Border Payments Platform with CBDC Integration

The post India’s RBI Boosts Cross-Border Payments Platform with CBDC Integration appeared first on Coinpedia Fintech News The Reserve Bank of India (RBI) is enhancing its cross-border payments platform to enable instant settlements by partnering with nations in Asia and the Middle East, including the UAE. Current agreements with Sri Lanka, Bhutan, and Nepal already support streamlined transactions. RBI is exploring central bank digital currencies (CBDCs) for settlement, with plans to expand …

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