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The Future of CBDCs

by Lipsa Das
December 19, 2022
in Cryptocurrency
Reading Time: 1 min read
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Thus, CBDCs need to provide tangible benefits for users to switch from an already working system. For instance, India’s e-rupee plans to target those who don’t have bank accounts, in contrast to UPI, which enables bank-to-bank transfers. Further, UPI doesn’t permit cross-border transactions, but CBDCs can potentially tackle this issue once a global standard is established.



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