India is one step closer to the CBDC destiny, and it is a successful so far \ stacker news ~news

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India is one step closer to the CBDC destiny, and it is a successful so far www.ledgerinsights.com/india-says-cbdc-roll-out-will-be-gradual-no-rush/

10 sats \ 3 comments \ @freakeinstein3 26 Aug 2024 news freebie

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21 sats \ 2 replies \ @riberet19 26 Aug 2024

I believed that the population of India was very rooted in cash money, I don't know to what extent this supposed CBDC will be a success

16 sats \ 1 reply \ @freakeinstein3 OP 27 Aug 2024

I’ll say that UPI is successful, which enabled fast payments across the country. Reduced cash and debit card usages for small size payments. ULI is the newest addition, which is yet to prove the market fit in the lending scene.

21 sats \ 0 replies \ @riberet19 27 Aug 2024

I guess it will be fully ready in no time, I hope the Indians are ready.