India’s Reliance Retail, Different Retailers Now Accepting Digital Rupee

In the meantime, India’s CBDC seems to have picked up pace. The retail CBDC pilot, which began in December in 4 cities (Mumbai, New Delhi, Bengaluru and Bhubaneswar), has “now been prolonged to fifteen cities with Chandigarh as the latest addition,” the senior official advised CoinDesk. “Greater than 50,000 prospects and 10,000 small and massive retailers have been onboarded now.”