What Is the Digital e-Rupee (CBDC)?
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I've been seeing the e-Rupee mentioned quite a bit lately. Simply put, it's India's digital version of cash, issued by the RBI and recognised as legal tender. Think of it as cash in a digital wallet. ₹1 in e-Rupee is still ₹1, unlike cryptocurrencies such as Bitcoin, whose prices fluctuate with market demand. For businesses, it'll be interesting to see how adoption grows. If more people start using e-Rupee, merchants could accept digital payments in another way alongside existing
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