CRED Rolls Out e₹ Wallet, First Fintech To Offer Access To CBDC

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SUMMARY

CRED founder Kunal Shah has announced the launch of the beta version of its CRED e₹ wallet in collaboration with the Reserve Bank of India (RBI)

This marks the introduction of India’s Central Bank Digital Currency (CBDC) into the fintech space

Taking to a post on X,  Shah said, “CRED e₹ wallet beta is live. Not just another fintech play; CBDC is a fundamental shift in how India moves money: instant, programmable, RBI backed”

Cred founder Kunal Shah has announced the launch of the beta version of its CRED…



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CRED Rolls Out e₹ Wallet, First Fintech To Offer Access To CBDC


SUMMARY

CRED founder Kunal Shah has announced the launch of the beta version of its CRED e₹ wallet in collaboration with the Reserve Bank of India (RBI)

This marks the introduction of India’s Central Bank Digital Currency (CBDC) into the fintech space

Taking to a post on X,  Shah said, “CRED e₹ wallet beta is live. Not just another fintech play; CBDC is a fundamental shift in how India moves money: instant, programmable, RBI backed”

Cred founder Kunal Shah has announced the launch of the beta version of its CRED…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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