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India’s CBDC plans; Stablecoins vs CBDCs

The Reserve Bank of India explores digital rupee options. Meanwhile, Terra’s new Luna coin drops significantly since launch.

Welcome to The Daily Forkast – May 30, 2022 – presented by Megha Chaddah.

Coming up on today’s show:

India’s central bank says it wants to introduce the digital rupee with minimal disruption. 

Meanwhile, Terra 2.0’s new LUNA falls 70% from launch.

CBDC advocates emboldened by Terra debacle.

Over in the Philippines, digital banks are stepping up to meet the needs of Filipinos.

And finally, an NFT exhibition attracts crowds at Art Basel Hong Kong.

We’ll have more on those stories — and other news shaping the cryptocurrency and blockchain world — in this episode of The Daily Forkast May 30.