World · Adoption · India ·
India plans pilot of tokenized corporate bonds using wholesale digital rupee in September
India is planning a September pilot to test tokenized corporate bonds, with state-controlled power company REC issuing the debt and select investors settling in the country's wholesale central bank digital currency (CBDC).
Why it matters for the crypto market
A major emerging market is integrating blockchain-based tokenized securities with its official digital currency, demonstrating institutional adoption of distributed ledger infrastructure for capital markets.
Source: Cointelegraph
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