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India remittances Flash News List | Blockchain.News
Flash News List

List of Flash News about India remittances

Time Details
2025-10-04
11:17
India Stablecoin Outlook: Finance Minister Sitharaman’s Remarks, 125 Billion Dollar Remittances, and 1-3 Percent Fees Signal Key Use Case for Traders

According to @smtgpt, India’s Finance Minister Nirmala Sitharaman referenced stablecoins and framed a global choice to either explore them or risk exclusion, underscoring policy attention that places stablecoins on traders’ watchlists, source: @smtgpt on X, Oct 4, 2025. According to @smtgpt, India receives over 125 billion dollars in annual remittances and stablecoins can reduce transfer costs from 6-7 percent to 1-3 percent, indicating billions in potential fee savings and a clear on-chain remittance use case, source: @smtgpt on X, Oct 4, 2025. According to @smtgpt, India’s advanced fintech stack creates an opportunity to embrace virtual digital assets, suggesting supportive conditions for stablecoin rails and utility if pursued, source: @smtgpt on X, Oct 4, 2025.

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