Assets · Wholesale central-bank money · issued by Reserve Bank of India

Digital rupee – wholesale (e₹-W) (e₹-W)New

Wholesale digital rupee used by pilot banks to settle secondary-market government securities trades, interbank borrowing and, since 2025-26, tokenised certificates of deposit on the RBI's Unified Markets Interface.

Asset sources[1]

—Supply
1Networks
e₹-W pilotIssued by
1Also used by
Value per token
1 INR

Issued through Reserve Bank of India wholesale digital rupee (e₹-W) pilot Pilot

Classification · high confidence

Legal form
Wholesale central-bank money from issuer status
Underlying
Money
Value behaviour
Stable value
Ledger role
Native

yieldBearing gap: not stated in the pilot notice.

Sourced[1]. How assets are classified: methodology.

Contracts

No contract addresses recorded yet.

Settles in e₹-W

Sources

  1. [1]Operationalisation of Central Bank Digital Currency-Wholesale (e₹-W) Pilot — Reserve Bank of India, 31 Oct 2022. Accessed 15 Oct 2026.A
  2. [2]Successful launch of “Demat 2.0” Pilot project for Tokenised Corporate Bonds — Securities and Exchange Board of India, 10 Sep 2026. Accessed 18 Oct 2026. PR No. 56/2026; text in the attached PDF (sebi_data/attachdocs/sep-2026/1789039783353.pdf)..A

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