Can Indians earn from idle gold through stablecoins? Why CoinSwitch co-founder sees challenges in Nikhil Kamath’s idea

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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.

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Can Indians earn from idle gold through stablecoins? Why CoinSwitch co-founder sees challenges in Nikhil Kamath’s idea

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