CBDC
Central Bank Digital Currency (Digital Rupee)
FintechA digital form of sovereign currency issued by the RBI, piloted as the e-rupee in retail and wholesale segments. Unlike cryptocurrency, it is central-bank money.
Why it matters
CBDC digitises cash itself: settlement is final, no bank deposit intermediates it, and its design choices will shape payments and monetary policy for decades.
Indian example
Related terms
Learn the concept
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