reserve bank of india: CBDCs may be important in making cross-border payments cheaper, faster: RBI Guv Shaktikanta Das
Reserve Bank of India (RBI) Governor Shaktikanta Das highlighted the challenges of cross-border payments, including high costs and limited access. He suggested that Central Bank Digital Currency (CBDC) could make these payments cheaper, faster, and more secure. Das emphasized the need for solutions and technologies to enable smooth operations between countries and reduce costs.
Source: indiatimes.com