Central banks worldwide are diving into the realm of central bank digital currencies (CBDCs). Many countries have already initiated digital money trials or public rollouts. However, while the interest around CBDCs is soaring, their day-to-day adoption by the general public remains disappointing. CBDCs hold several notable benefits that can revolutionize the financial landscape. For instance, they enhance transaction efficiency, reduce transfer costs, and increase financial inclusion for unbanked populations. The pilot projects serve as critical benchmarks for future CBDC initiatives globally. As India moves ahead with its digital rupee pilot, other nations will be watching closely to learn valuable lessons and insights.