Sources: India is piloting ~10 schemes to test whether its CBDC, the e-rupee, can deliver welfare payments more efficiently, as it looks to boost e-rupee usage
In the western Indian village of Phulenagar, Samadhan Sonawane set up a drip irrigation system on his small onion farm using …LinkedIn:Jaspreet KalraLinkedIn:Jaspreet Kalra:The question around CBDCs is often simple: what problem do they solve? — India launched its CBDC pilot in late-2022 but retail uptake has been mellow. …