India's Digital Currency | E-Rupee | Central Bank Digital Currency Explained | How to use e rupee

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India’s Digital Currency | E-Rupee | Central Bank Digital Currency Explained | How to use e rupee

What Is a Central Bank Digital Currency (CBDC)?
Central bank digital currencies are digital tokens, similar to cryptocurrency, issued by a central bank. They are pegged to the value of that country’s fiat currency.
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Many countries are developing CBDCs, and some have even implemented them. Because so many countries are researching ways to transition to digital currencies, it’s important to understand what they are and what they mean for society.

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