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India starts tokenizing $620 billion corporate bond market with digital rupee settlement

SEBI’s Demat 2.0 pilot turns corporate bonds into digital tokens and settles payment through the RBI’s wholesale digital rupee, with secondary trading and retail access expected in later phases.

Source
CoinDesk
Published
2026-09-11 05:13 UTC
Cache updated
2026-09-11 05:16 UTC

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