Meanwhile, India’s CBDC appears to have picked up speed. The retail CBDC pilot, which started in December in four cities (Mumbai, New Delhi, Bengaluru and Bhubaneswar), has “now been extended to 15 cities with Chandigarh as the newest addition,” the senior official told CoinDesk. “More than 50,000 customers and 10,000 small and big merchants have been onboarded now.”
India’s Reliance Retail, Other Merchants Now Accepting Digital Rupee
