Monetary Authority of Singapore
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Signals
RBI to widen e-Rupee CBDC pilot into cross-border, welfare and retail merchant rails
RBI plans to scale its e-Rupee pilot — already at 8M users and 120M transactions worth ₹28,000 crore — into bilateral cross-border corridors with UAE and Singapore, programmable DBT for PDS subsidies, and domestic retail merchant payments through FY26.
Mint · Industry · 5/29/2026, 2:19:33 PM