CBDC to Bring Down Time, Cost for Cross-border Transactions: RBI Deputy Guv T Rabi Sankar

Central bank digital currency (CBDC), to be launched this year, could become a tool for reducing time and cost for crossborder transactions, Reserve Bank Deputy Governor T Rabi Sankar said on Wednesday.

CBDC to Bring Down Time, Cost for Cross-border Transactions: RBI Deputy Guv T Rabi Sankar
Central bank digital currency (CBDC), to be launched this year, could become a tool for reducing time and cost for crossborder transactions, Reserve Bank Deputy Governor T Rabi Sankar said on Wednesday.