India's e-rupee, the country's digital currency, has seen a significant drop in activity after local banks stopped inflating its metrics. The Reserve Bank of India (RBI) had achieved 1 million retail transactions last December, but this was largely due to local banks offering incentives to users and paying a portion of their employees' salaries in e-rupee. Now, daily transactions have dropped to around 100,000, indicating a lack of organic demand. The future of the RBI's digital currency initiatives now hangs in the balance. Your thoughts? 💭📉 #CryptoNews #eRupee