Amid the growing popularity of stablecoins, India is increasingly exploring the launch of a rupee-backed cryptocurrency despite the government’s cautious stance. With …
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INR
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Despite the remarkable growth of the Indian crypto market, Indian traders still use dollar-backed stablecoins like $USDT and $USDC. While this creates …
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Finance
Can INR Stablecoins Reduce India’s Dependence on the US Dollar? Binance Thinks So
by shayaanby shayaanBinance APAC Head SB Seker believes India needs its own rupee-pegged stablecoin, arguing it would let Indian users and institutions hedge against …