Uploaded October 2025 | Updated September 2026, 1 hour ago

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🔹 RBI trials deposit tokens backed by fractional reserves
🔹 Not #stablecoins — only partially backed, like bank deposits
🔹 Will use wholesale #CBDC for interbank settlement
🔹 Allows banks to innovate without disrupting their core model
🔹 Similar model being explored by JP Morgan
🔹 India leads the world in crypto adoption—this could boost it further

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