Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar on Thursday said the central bank digital currency (CBDC) QR codes would be made interoperable with Unified Payments Interface (UPI) mechanism.
Addressing a press conference after the monetary policy statement on Thursday, Sankar said the central bank's aim was to have 1 million customers by the end of June for CBDC. "The plan is to have 1 million customers by the end of June. The second thing that we are planning is to make its QR code interoperable with UPI," Sankar said.
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