India’s central bank urges countries to prioritize CBDCs over stablecoins

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India's central bank is advocating for the adoption of Central Bank Digital Currencies (CBDCs) over stablecoins, citing the limited success of CBDCs globally, with only three countries having successfully launched them so far.

Market Impact

Market impact analysis based on neutral sentiment with 70% confidence.

Sentiment
Neutral
AI Confidence
70%
Time Horizon
Short Term

Article Context

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Only three CBDCs have been successfully launched around the world so far, in Nigeria, the Bahamas, and Jamaica, although many jurisdictions are considering it as an option.

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Original article published by Unknown on January 1, 2026.
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