According to CoinMarketCap, the Reserve Bank of India advised countries to prioritize central bank digital currencies over stablecoins, citing financial stability risks during market stress and arguing CBDCs deliver efficiency and programmability without private issuer risk (source: CoinMarketCap). According to CoinMarketCap, India’s Economic Survey 2025-2026 indicates stablecoin-specific regulations are forthcoming (source: CoinMarketCap). According to CoinMarketCap, traders should monitor India-focused stablecoin liquidity and INR on-ramp activity as policy signals prioritize CBDCs over privately issued tokens (source: CoinMarketCap).