Mukesh Ambani’s Reliance Jio Platforms has recently created a big stir in the digital and crypto sector by launching its cryptocurrency “Jio Coin”.

Jio Coin and the Impact of Indian Market

Jio already has 450+ million users, and the addition of Jio Coin to this ecosystem can promote a new digital economy model. According to reports, Jio Coin can be used for mobile recharge, payments at Reliance petrol pumps, and Jio’s products and services.

At present, this token is available for limited usage, and the option to transfer or redeem it has not been given yet. But in the future, Jio can create more value by integrating it with its large ecosystem.

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