In November last year, the RBI introduced a wholesale CBDC pilot and followed it up with a retail pilot in December. At present, the number of banks in the pilot has gone up to 13 from eight banks initially. Sankar said at present, there are 13 lakh users of the CBDC, including 3 lakh merchants. He said getting 10 lakh transactions a day is not a difficult task for the system, pointing to 31 crore transactions on the Unified Payments Interface (UPI) at present.
