US EditionCBDC Will Solve The Problem Of Cross Border Money Transfer: RBI’s Rabi Sankar
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CBDC Will Solve The Problem Of Cross Border Money Transfer: RBI’s Rabi Sankar
The Central Bank Digital Currency has the ability to solve problems with cross border money transfer. While UPI is good, with the complete roll-out of CBDC, customers will at least have a choice, said RBI’s Deputy Governor T Rabi Sankar. Sankar was speaking at Bharat Inclusion Summit 2.0 by IIMA Ventures in Bengaluru. “I have so far not seen any use case which potentially can solve the problem of cross border money transfer, only CBDC has the ab…
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