Banking giant Goldman Sachs reportedly believes that stablecoins have significant growth potential in the payments sector. Goldman Sachs analysts say...
Despite stabelcoins’ role here as well as in bridging the gap between traditional financing and crypto trading, RBI remains cautious of stablecoins | Photo Credit: hocus-focus Indian crypto investors are taking a keen interest in stablecoins which accounted for over 25 per cent of spot trading volume on crypto platforms like Coinswitch in the first four months of calendar 2025. Stablecoins offer a relatively stable entry and exit point in crypto markets for users, pegged to real-world assets like the US dollar, euro, or gold and offer price stability that...
With some major economies leaping onto the stablecoin train – or being urged to do so, to further globalise their currencies – others are mulling whether getting on board would be akin to either riding the gravy train or feeling it fail to gather steam.Now, the international financial organisation known as the “bank for central banks” has waded into the stablecoin debate as the buzzword gathers momentum.In a “special chapter” released on Tuesday in advance of Sunday’s release of its Annual Economic Report 2025, the Bank for International Settlements (BIS)...
As the global cryptoverse undergoes a tectonic shift, countries like the US, UAE, and Singapore are racing ahead with clear regulations and innovation-friendly ecosystems. In contrast, India remains in wait-and-watch mode, even as crypto prices soar to new highs. The lack of urgency from policymakers has industry leaders worried that India could miss out on the Web3 and crypto revolution, despite having the world's second-largest blockchain developer base. In an interview with Fortune India's Manoj Sharma, CoinDCX CEO Sumit Gupta argues that without swift regulatory and tax clarity, the country risks losing talent,...