Stablecoins, CBDCs, and India’s Evolving Monetary Architecture
UPSC Relevance– prelims-Keywords: Stablecoins, CBDC, Cryptocurrency Regulation, Digital Payments, Monetary Sovereignty, Fintech Innovation, Global Capital Flows Mains-GS Paper 3: Economics, Banking, Monetary Policy, Financial Technology Why in the News? Union Finance Minister Nirmala Sitharaman, in her address at the Kautilya Economic Conclave 2025, highlighted the transformative impact of stablecoins and cryptocurrency innovations on global finance. …
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