India plans first tokenized bonds using wholesale CBDC: Report

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India plans first tokenized bonds using wholesale CBDC: Report

60-second summary

India plans to test tokenized corporate bonds in a September pilot, with state-controlled REC issuing the debt and select investors using wholesale CBDC payments.

India plans to test tokenized corporate bonds in a September pilot, with state-controlled REC issuing the debt and select investors using wholesale CBDC payments.