🚨𝗜𝗡𝗗𝗜𝗔 𝗧𝗢 𝗟𝗔𝗨𝗡𝗖𝗛 𝗜𝗧𝗦 𝗢𝗪𝗡 𝗜𝗡𝗥 𝗦𝗧𝗔𝗕
Ihtisham_Ul Haq
Updated at: 3 hours ago
{"content":"🚨𝗜𝗡𝗗𝗜𝗔 𝗧𝗢 𝗟𝗔𝗨𝗡𝗖𝗛 𝗜𝗧𝗦 𝗢𝗪𝗡 𝗜𝗡𝗥 𝗦𝗧𝗔𝗕𝗟𝗘𝗖𝗢𝗜𝗡 𝗦𝗢𝗢𝗡? 🇮🇳
Polygon co-founder @sandeepnailwal says an INR-backed stablecoin could launch within 3 months.
𝙒𝙝𝙮 𝙄𝙩 𝙈𝙖𝙩𝙩𝙚𝙧𝙨:⚡
• India processes $125B+ in annual remittances
• Stablecoins cut fees from 4-6% → 0.15%
• On-chain INR = faster, cheaper, fully traceable
• Boost for small businesses & millions of unbanked
𝙏𝙝𝙚 𝘾𝙖𝙩𝙘𝙝: ⚖️
• Strict crypto tax rules remain in place
• Key Q → Will a stablecoin push India to simplify taxation?
👀 Adoption looks inevitable… but will policy keep up?","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/01/116423d440f492404fc1fd2b59068c4d.png"],"tags":[],"tradingPairs":[],"quotearticleid":0}