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Coinbase CEO Says India Should Create Regulated Rupee Stablecoin or Risk Dollar Stablecoin Adoption
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Coinbase CEO Says India Should Create Regulated Rupee Stablecoin or Risk Dollar Stablecoin Adoption
Coinbase CEO Brian Armstrong has argued that India should create a regulated rupee-backed stablecoin or risk seeing users adopt dollar-backed stablecoins instead, according to recent social-media summaries of his conversation with Zerodha co-founder Nikhil Kamath. The remarks frame stablecoins as a strategic currency issue rather than only a crypto-market product. Armstrong’s argument is that if fast, low-cost blockchain-based payment rails beco…
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