Can Indians earn from idle gold through stablecoins? Why CoinSwitch co-founder sees challenges in Nikhil Kamath’s idea
· livemint.com
Nikhil Kamath proposed a gold-backed stablecoin to monetize idle gold in Indian households. CoinSwitch's Ashish Singhal noted existing global products but highlighted challenges with India's gold, including regulation, trust, and storage of non-standardized gold assets.
Sanchari Ghosh
Sanchari Ghosh is an Assistant Editor at Mint with over 12 years of experience in journalism, specialising in personal finance, DLT & DeFi, geop...