Agustín Carstens, General Manager of the BIS, praised India's digital public infrastructure and RBI's innovations during a conference on "Digital Public Infrastructure and Emerging Technologies" in August 2024. He highlighted India's progress with UPI and Aadhaar, emphasizing their role in enhancing financial inclusion and efficiency. Carstens discussed the need for improved cross-border payments, citing challenges like cost and speed. He introduced Project Nexus, aimed at linking global instant payment systems, including India's UPI, and Project Agorá, which explores tokenized assets to enhance correspondent banking.