ThinkTechie

Table of Contents Introduction What Is a Digital Currency? The Birth of the Digital Rupee Objectives of the Digital Rupee How the Digital Rupee Works Key Features of the Digital Rupee Benefits of the Digital Rupee Use Cases and Real-Life Applications Difference Between UPI and Digital Rupee Risks and Challenges RBI’s Phased Rollout Strategy CBDCs Globally vs. India Public Reception and Future Outlook Digital Rupee in Rural India The Road Ahead: Opportunities and Innovation Final Thoughts FAQs 1. Introduction India is entering a new era of financial innovation with the launch of the Digital Rupee (e₹) —a Central Bank Digital Currency (CBDC) issued by the Reserve Bank of India (RBI) . As the world shifts toward digital economies, central banks worldwide are embracing digital currencies to complement physical cash, enhance transaction efficiency, and reduce reliance on traditional banking systems. In this blog, we’ll explore what ...