DC Wallet Powered by Radix Announces Partnership with Indian Government Company AFC for CBDC Adoption in India
Press Release • December 5, 2024
DC Wallet, powered by Radix technology, a venture by Menas Global, has now a strategic partnership with AFC India Ltd, a Government of India undertaking. The partnership aims to accelerate the adoption of CBDCs in India and other countries in the near future.
Partnership to Drive CBDC Adoption in India
After the RBI's (Reserve Bank of India’s) confirmation of the Digital Rupee test with Ripple’s XRP Ledger for institutional use cases, DC Wallet powered by the Radix XRD Ledger will support the initiative to fast-track the mass adoption of CBDC in India.
DC Wallet, powered by Radix, is launching an advanced platform for CBDCs and digital asset management. In collaboration with AFC, the initiative aims to streamline programmable money adoption in India, equipping local banks, government, and private financial institutions with cutting-edge technology to harness the power of programmable money.
The strategy spans to provide closed loop wallet solutions to sectors such as agriculture, education, and travel, with a potential reach of over 200 million users and integration with Banks and NBFCs.
Aligned with the RBI’s goal of enhancing financial inclusion, AFC will help integrate DC Wallet with public and private sector banks, enhancing last-mile connectivity through offline transactions, for India’s unbanked and underbanked population. The solution also offers cost-effective cross-border payments for inward remittances mainly from the Indian diaspora. This will be through partnerships with remittance companies having licenses internationally, starting with Canada and Australia.
With Radix’s XRD Ledger and DC Wallet’s quantum ready security for high value transactions, the platform also ensures secure, efficient transactions, fostering trust amongst users and institutions. The wallet is designed for retail and institutional CBDC use, focusing on security, operational efficiency, and ease of access.
Revolutionizing Digital Asset Management with DC Wallet
DC Wallet offers advanced digital currency management features powered by the Radix technology stack. Key features include:
- Security and Compliance: Real-time AML/CFTC monitoring, quantum-grade encryption, fraud resistance, and biometric security.
- Multi-Wallet Support: Manage and transact multiple assets within one interface.
- Integrated Identity Management: Built-in ID storage for enhanced convenience and security.
- Fast Transactions: Radix XRD Ledger enables transactions to finalize in under five seconds, supporting high-frequency, high-value transfers.
- Seamless Asset Conversion: Instant asset switching with minimal fees.
- Interoperability: Cross-chain functionality for retail (easy cross-platform payments) and wholesale (seamless G2G and B2B transactions).
- Accessibility: Mobile and offline options support under-resourced geographies and limited connectivity.
Anyone wishing to dive deeper can download the DC Wallet whitepaper or visit radixcbdc.com.
About DC Wallet
DC Wallet is an advanced and feature-rich digital currency and asset manager. The project is based on Radix's XRD Ledger, combining blockchain solutions for scalability and security.
With its collaboration with AFC, DC Wallet integrates seamlessly with India’s financial infrastructure. The social media pages below and the project’s website help the community keep up to speed with DC Wallet’s growth.
Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.
Helvetic Broker , an AI-powered self-custody crypto application, has become available on the App Store and Play Store. A team of Swiss engineers has been building the app since 2023 to democratize crypto and make blockchain technology safer and more accessible. Apple and Android users can now install the app on their devices and manage their digital wallets and tokens in real-time and effortlessly. Helvetic Broker was born from the increasing demand for seamless and secure transfers across blockchains. Major industry debacles, such as the 2022 FTX collapse, have also fueled the need for a safe, effective, and user-friendly solution that allows users to retain ownership of their private keys. Helvetic Broker incorporates these benefits, enabling users to track their wallets, transfers, and addresses from a single dashboard, securely and conveniently. Security is one of Helvetic Broker’s standout features. The app maintains private keys encrypted on the user’s phone. It also requires biometric authentication for each transaction.Helvetic Broker’s servers have read-only access to public keys when displaying balances. This approach aligns with the team’s vision of making crypto management as natural and intuitive as e-banking, without straying from the true purpose of decentralization. Helvetic Broker is continuously expanding its catalogue. To this day, it supports wallets like Ledger, MetaMask, and Trust Wallet, as well as CEXs such as Coinbase, Kraken, and Binance, and DEX like Uniswap. The team plans to further grow the list of integrations to bridge people and cryptocurrency with simple and secure crypto management solutions. In its mission to return financial autonomy to people, Helvetic Broker created a highly intuitive user interface. The app’s dashboard provides an instant, customizable overview of all the user’s wallets, sorted by wallet, by token, or aggregated in a currency of choice. This simplicity appeals to both first-time crypto users and experienced traders. Helvetic Broker also simplified transfers between wallets and exchanges by completing transactions automatically and effortlessly. The app's self-custody features enable users to manage their assets as they see fit and diversify their portfolios with ease. More importantly, as they have complete control over their private keys, users don't risk losing access to their digital assets if crypto exchanges collapse overnight due to hacker attacks or government restrictions. Helvetic Broker continues to innovate and simplify crypto management. For example, its AI-powered crypto assistant helps users understand their portfolios, create accounts across platforms, place orders, and automate transactions. All these actions are available to the user on one intuitive interface. About Helvetic Broker Helvetic Broker was founded in Switzerland by an experienced team of passionate engineers. Their goal is to utilize their crypto expertise to make the cryptocurrency space more accessible and easier to navigate. Its self-custody, AI-powered application helps users understand and optimize trades, cut fees, and make smarter investments. Helvetic Broker is now available on the App Store and the Play Store. Discover how you can access the overview of your wallets in one click and in a way that fits your needs. Learn more about Helvetic Broker on its official website and its social media channels, including X , Telegram , Discord , LinkedIn , Instagram , and YouTube . CEO Guillaume Grandjean, is available for interviews and will be happy to answer any further questions from the media.
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Permute , an accessible Bitcoin bridge platform, announced that it has surpassed $1 million in transaction volume since its launch on August 26, 2025. This milestone was achieved through more than 1,000 transactions, averaging $1,100 each, and nearly $25,000 in daily volume. The strong early adoption reflects growing trust in Permute’s platform and its mission to unlock Bitcoin liquidity across blockchains. Formerly known as BitcoinBridge, Permute provides a secure and cost-efficient way to transfer native Bitcoin across leading blockchain networks. With transaction fees as low as 0.1%, Permute is up to 10× more economical than competing bridges. Built to scale, Permute’s architecture is designed to support transaction volumes of up to $1.5 billion per month. Its dynamic liquidity routing system minimizes idle funds and cuts costs by ~90%, enabling a sustainable low-fee model. The platform can also be deployed to new chains within days, rapidly expanding reach for users. Permute enables Bitcoin holders to move value across leading blockchains at scale whether millions or even hundreds of millions without relying on per-chain smart contracts or fragmented liquidity pools. Its architecture is anchored in Trusted Execution Environments (TEEs), which perform in-enclave verification and eliminate the need for custodial wrappers or intermediaries. This design makes it possible to settle transactions in actual Bitcoin while keeping fees as low as 0.1%—nearly 10× cheaper than traditional bridges. Security is another aspect that differentiates Permute from its competitors. Permute uses Trusted Execution Environments (TEEs) and threshold cryptography to secure keys and signing. These features are similar to the security techniques used by top exchanges and institutions in the broader crypto industry. Permute currently supports major networks and assets including Ethereum, Avalanche, Arbitrum, Berachain, BNB Chain, wBTC, USDT, USDC, and DAI, with additional integrations already in development. Now live on mainnet, Permute is open to all users. To showcase its cost advantage, the platform offers a savings calculator that lets users instantly see how much they stand to save on fees when moving Bitcoin across chains with Permute. About Permute Permute is a native Bitcoin bridge, enabling secure, low-cost swaps of BTC into leading blockchains and assets like ETH, AVAX, BNB, ARB, and more. Built for both retail and institutions. Permute combines deep liquidity, ultra-low fees (0.1%), and non-custodial security to deliver the most reliable bridge for unlocking Bitcoin in DeFi. Learn more about Permute on its official website and its social media channels, including X and Telegram .
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