Stablecoins to Complement UPI, Not Compete with It: Coinbase APAC MD

Coinbase APAC Managing Director believes stablecoins should complement India's Unified Payments Interface (UPI) rather than competing with it. The official highlights their potential for cross-border payments and global transactions. As digital payment systems evolve, stablecoins could work alongside UPI infrastructure, offering faster international settlement while UPI continues serving domestic digital payments.