Stablecoins Complement UPI, Says Coinbase APAC MD
Coinbase's Asia-Pacific Managing Director has stated that stablecoins complement Unified Payments Interface (UPI) and do not compete with it.
The executive made these comments recently, highlighting the importance of digital assets in India's financial landscape.
Stablecoins have been gaining popularity globally, and their adoption in India is expected to rise due to the growing demand for digital payments.