{"id":135111,"date":"2024-08-08T11:00:16","date_gmt":"2024-08-08T08:00:16","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=135111"},"modified":"2024-08-08T00:31:34","modified_gmt":"2024-08-07T21:31:34","slug":"two-of-the-largest-global-companies-to-integrate-indias-digital-rupee","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/two-of-the-largest-global-companies-to-integrate-indias-digital-rupee\/","title":{"rendered":"Two of the Largest Global Companies to Integrate India\u2019s Digital Rupee"},"content":{"rendered":"<p>This <strong><a href=\"https:\/\/www.thehindu.com\/sci-tech\/technology\/internet\/google-phonepe-and-amazon-pay-look-to-join-rbis-digital-rupee\/article68491527.ece\" rel=\"nofollow\">partnership<\/a> <\/strong>aims to incorporate the e-rupee into their payment platforms, aligning with BRICS nations\u2019 efforts to decrease reliance on the US dollar and bolster their economic clout.<\/p>\n<p>Since its launch in December 2022, India\u2019s digital rupee project has primarily involved banks facilitating transactions through mobile apps. Recently, the Reserve Bank of India opened this capability to payment companies, prompting interest from major players like GooglePay, PhonePe, and AmazonPay. These platforms are preparing to support the e-rupee within the next few months, potentially revitalizing its adoption.<\/p>\n<p>Google and Amazon\u2019s entry into the e-rupee space is significant. Dominant in India\u2019s digital payment market, their involvement is expected to enhance the e-rupee\u2019s usage and drive technological advancements in digital currency.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-135071\" href=\"https:\/\/cryptodnes.bg\/en\/will-the-bank-of-japan-raise-interest-rates-amid-market-turmoil\/\" title=\"Will the Bank of Japan Raise Interest Rates Amid Market Turmoil?\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/Japan-digital-yen-IFM-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Will the Bank of Japan Raise Interest Rates Amid Market Turmoil?<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>BRICS countries are actively seeking ways to enhance their global economic influence by reducing dependency on the US dollar. Integrating digital currencies like the e-rupee is a key part of this strategy. The collaboration with Google and Amazon could accelerate the adoption of the e-rupee, setting a precedent for other BRICS nations.<\/p>\n<p>The integration of the e-rupee by leading tech companies underscores BRICS\u2019 ambition to establish a new global trade paradigm, moving away from traditional fiat currencies. This strategic shift includes exploring digital assets and potentially considering Bitcoin as a global asset in the future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Google and Amazon are set to collaborate with the Reserve Bank of India on the e-rupee, a digital form of India&#8217;s currency.<\/p>\n","protected":false},"author":3,"featured_media":23846,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[28],"tags":[72],"coin_category":[],"class_list":["post-135111","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech","tag-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Two of the Largest Global Companies to Integrate India\u2019s Digital Rupee<\/title>\n<meta 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