CRED Launches e₹ Wallet, Advancing India’s Digital Currency Adoption:
CRED, one of India’s leading fintech companies, has made a groundbreaking move by launching the beta version of the e₹ wallet. With this integration, CRED becomes the first fintech platform to adopt India’s central bank digital currency (CBDC), the e-rupee. The e₹ wallet offers CRED’s vast user base the ability to store and transact using digital currency, an essential step in shaping the future of digital payments in India. This collaboration with the Reserve Bank of India (RBI) and YES Bank marks a pivotal moment in the ongoing digital transformation of the financial sector.
