IDFC FIRST Bank Digital Rupee

By IDFC FIRST BANK LTD on AppTrack Ninja.

Digital Rupee - India's CBDC

IDFC FIRST Bank Digital Rupee is the official app of IDFC FIRST Bank customers. Digital Rupee is Central Bank Digital Currency (CBDC) of India issued by India's Central Bank - The Reserve Bank of India (RBI). Digital Rupee is a legal tender, similar to sovereign paper currency, and is issued in digital form by the Reserve Bank of India. The value of the Digital Rupee is equivalent to that of a sovereign paper currency. It is not a tradable cryptocurrency, does not operate on open crypto exchanges, and does not fluctuate in value. To answer the question of how it is different from other crypto…

Categories: Finance

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