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UPI-to-USDC Remittances: A Crypto Shortcut That Is Testing India's Rulebook – MAXBIT

Summary by MaxBit
Khushi V Rangdhol Jun 18, 2025 02:38 Migrant workers in India are using a crypto route to send remittances, reducing costs to under 2% compared to traditional methods, challenging regulatory frameworks. India is the world’s top destination for foreign remittances. The World Bank’s latest Migration & Development Brief shows inflows touched US $129 billion in...
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MaxBit broke the news in on Sunday, June 22, 2025.
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