Techub News reports that, according to CoinDesk, the Reserve Bank of India (RBI) is pushing to establish a system connecting the central bank digital currencies (CBDCs) of BRICS countries to support cross-border trade and tourism payments among member states, gradually reducing dependence on the US dollar. Sources familiar with the matter say that the RBI has urged the Indian government to include the interconnection proposal for this CBDC in the agenda of the 2026 BRICS summit hosted by India. Relevant discussions at the Senate level had previously been delayed.
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Techub News reports that, according to CoinDesk, the Reserve Bank of India (RBI) is pushing to establish a system connecting the central bank digital currencies (CBDCs) of BRICS countries to support cross-border trade and tourism payments among member states, gradually reducing dependence on the US dollar. Sources familiar with the matter say that the RBI has urged the Indian government to include the interconnection proposal for this CBDC in the agenda of the 2026 BRICS summit hosted by India. Relevant discussions at the Senate level had previously been delayed.